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"Targeting readers with backgrounds in economics, Intermediate financial theory, includes new material on the asset pricing implications of behavioral finance perspectives, recent developments in portfolio choice, derivatives-risk neutral pricing research, and implications of the 2008 financial crisis. Each chapter concludes with questions, and for the first time a freely accessible website presents complementary and supplementary material for every chapter. Known for its rigor and intuition, Intermediate financial theory is perfect for those who need basic training in financial theory and those looking for a user-friendly introduction to advanced theory."