Solution manual for Financial Markets and Institutions 8th Edition By Anthony Saunders

Anthony Saunders earned his Ph.D. from the London School of Economics. He holds the John M. Schiff Professor of Finance position and previously chaired the Department of Finance at the Stern School of Business at New York University. Since 1978, Dr. Saunders has delivered both undergraduate and graduate level courses at New York University. Throughout his academic journey, his teaching and research have focused on financial institutions and international banking. He has been a visiting professor at various institutions worldwide, including INSEAD, the Stockholm School of Economics, and the University of Melbourne. Currently, he is a member of the Executive Committee of the Salomon Center for the Study of Financial Institutions at New York University. His research findings have been featured in all major money and banking and finance journals as well as in multiple books. Additionally, he has either written or co-authored several professional books, with the most recent being Credit Risk Measurement: New Approaches to Value at Risk and Other Paradigms.

Marcia Millon – Cornett holds the Robert A. and Julia E. Dorn Professor of Finance position at Bentley University. She obtained her BS degree in economics from Knox College in Galesburg, Illinois, and her MBA and PhD degrees in finance from Indiana University in Bloomington, Indiana. Dr. Cornett has authored and published various articles on bank performance, bank regulation, corporate finance, and investments. Her articles have been featured in prestigious academic journals such as the Journal of Finance; Journal of Money, Credit, and Banking; Journal of Financial Economics; Financial Management; and Journal of Banking and Finance. Recently, she was ranked 124th among over 17,600 authors and the fifth female author in finance literature over the past 50 years. Together with Anthony Saunders and Otgontsetseg Erhemjamts, Dr. Cornett has completed work on the tenth edition of Financial Institutions Management (McGraw Hill Education) and the seventh edition of Financial Markets and Institutions (McGraw Hill Education). Professor Cornett also serves as an associate editor for the Journal of Banking and Finance, Journal of Financial Services Research, Review of Financial Economics, Financial Review, and Multinational Finance Journal. Dr. Cornett has been a member of the board of directors, executive committee, and finance committee of the SIU Credit Union. She has taught at Southern Illinois University at Carbondale, the University of Colorado, Boston College, and Southern Methodist University. She is affiliated with the Financial Management Association, the American Finance Association, and the Western Finance Association.

Otgo Erhemjamts currently serves as the Dean of the School of Management and as a Professor of Finance at the University of San Francisco. She completed her PhD in Finance at Georgia State University. Professor Erhemjamts’ research interests include corporate social responsibility, ESG, sustainable finance, corporate finance, and corporate governance. Her work has been published in reputable academic journals such as the Journal of Business Ethics; Journal of Banking and Finance; Journal of Money, Credit, and Banking; Journal of Financial Research; The Financial Review; and Journal of Risk & Insurance. She is among the top 10% of authors on SSRN by all-time downloads. Professor Erhemjamts has taught graduate and undergraduate courses in investments, equity research, sustainable investing, corporate finance, risk management, and financial institutions at Bentley University and Georgia State University. She was a Co-Principal Investigator on a $2.4 million NSF IUSE Grant on “Broadening the fusion of STEM and business curricula in undergraduate sustainability education.”