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From the publisher:

The proposed edition is a fundamental systematic study of securities and their economic nature. In terms of content, it is a qualitatively new textbook that applies the latest methodological techniques for presenting educational material, clearly identifies key issues, and systematises the basic principles of securities placement and circulation. The textbook is also highly valuable for its comprehensive analysis of international experience and national peculiarities of issuing and circulating the main types of securities, research of theoretical foundations and mechanism of securities market functioning, coverage of specific features of valuation of various types of securities, concise presentation of the material and information saturation of each chapter.

For students of economic specialities, postgraduate students and teachers of higher educational institutions. The book will also be useful for civil servants, practicing economists, and anyone interested in securities transactions.