The Principles of Bond Investment
By Lawrence Chamberlain and George W. Edwards
1999/10 - Beard Books - Business Classic
1893122220 - Paperback - Reprint - 711 pp.
Enlightening basics on the nature of bonds and the science of investing in them.
The principles of bond investment are offered as a service to both bond sellers and bond investors. From a strictly academic standpoint, the development of bond investment is a science. Covered here are: channels of investment, including classification and description of bonds; civil loans; corporation loans; the mathematics and movement of bond prices; the classes of investors and bond houses; and the taxation of bonds.
From the back cover blurb:
This book presents a comprehensive early view of the principles of investment and reveals how bonds conform to them. Bonds had become a new channel of investment to meet the necessities of early American finance. Bond investment has been elevated to an applied science. This Second Edition is divided into six parts: Channels of Investment; Civil Loans; Corporation Loans; The Mathematics and Movement of Bond Prices; Investment Organization; and Taxation of Bonds. This detailed treatment should be of great interest to those involved in the world of finance as well as those merely interested in how bonds entered the financial scene and their scope and nature.
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Other Beard Books by Lawrence Chamberlain
George William Edwards, economist, 1891-1954. He received an A.B. in 1911 from the College of the City of New York, and an A.M. in 1913 and a Ph.D. in 1917 from Columbia University. He was a professor of banking at Columbia and at New York University, and became the Dean of the School of Business and Civic Administration at the College of the City of New York, 1927-1932, and Chairman of the Department of Economics, 1927-1947. He was also with the Federal Reserve Board and Director of the Institute of International Finance. He authored numerous books on banking and finance.