In the fall of 2008 the turbulence affecting financial markets around the world was front-page news. Those who were previously indifferent to finance were forced by events to pay attention. It became clear to all that a well-functioning financial market was absolutely essential to an efficient and prosperous economy. To make sense of these events, it is important to understand how financial markets work. Canadian Finance: A Concise Introduction performs this function. It constitutes an ideal introduction for those contemplating careers in corporate finance, capital markets or personal finance, or for those who realize it is important to have a good grasp of the concepts of finance in order to properly attend to their own financial well-being. While many introductory books are encyclopedic, this book purposely stays concise and endeavors to expose the reader to the essential concepts and body of knowledge required to obtain a good understanding of the subject. The chapters of the book are as follows: 1. Preliminaries 2. Time value 3. Risk vs. return 4. Arbitrage, efficiency and hedging 5. Capital markets and security valuation 6. Corporate finance and capital budgeting 7. Personal finance and saving for retirement

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