Description
Table of Contents
PART I: GLOBAL FINANCIAL ENVIRONMENT
- Multinational Financial Management: Challenges and Opportunities
- International Monetary System
- The Balance of Payments
- Financial Goals, Corporate Governance and the Market for Corporate Control
PART II: FOREIGN EXCHANGE THEORY & MARKETS
- The Foreign Exchange Market
- International Parity Conditions
- Appendix: An Algebraic Primer to International Parity Conditions
- Foreign Currency Derivatives: Futures & Options
- Appendix: Currency Option Pricing Theory
- Interest Rate Risk and Swaps
- Foreign Exchange Rate Determination & Intervention
PART III: FOREIGN EXCHANGE EXPOSURE
- Transaction Exposure
- Appendix A: Complex Option Hedges
- Appendix B: The Optimal Hedge Ratio and Hedge Effectiveness
- Translation Exposure
- Operating Exposure
PART IV: FINANCING THE GLOBAL FIRM
- Global Cost and Availability of Capital
- Funding the Multinational Firm
- Multinational Tax Management
- International Trade Finance
PART V: FOREIGN INVESTMENTS AND INVESTMENT ANALYSIS
- Foreign Direct Investment & Political Risk
- Multinational Capital Budgeting & Cross-Border Acquisitions