Multinational finance evaluating the opportunities, costs, and risks of multinational operations
Formato: | Libro electrónico |
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Idioma: | Inglés |
Publicado: |
Hoboken, N.J.:
Wiley
c2016.
Hoboken, New Jersey : 2016. |
Edición: | Sixth edition |
Colección: | Wiley finance series.
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Materias: | |
Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009849105306719 |
Tabla de Contenidos:
- Series Page; Title Page; Copyright; Table of Contents; Preface; Key Features; Learning Aids for Students; Supplements for Instructors; Acknowledgments; About the Author; Part One: The International Financial Environment; Chapter 1: An Introduction to Multinational Finance; 1.1 The Goals of the Multinational Corporation; 1.2 The Challenges of Multinational Operations; 1.3 The Opportunities of Multinational Operations; 1.4 Financial Management of the Multinational Corporation; 1.5 Summary; Key Terms; Conceptual Questions; Chapter 2: World Trade and the International Monetary System
- 2.1 Integration of the World's Markets2.2 Balance-of-Payments Statistics; 2.3 Exchange Rate Systems; 2.4 A Brief History of the International Monetary System; 2.5 Summary; Key Terms; Conceptual Questions; Problems; Chapter 3: Foreign Exchange and Eurocurrency Markets; 3.1 Characteristics of Financial Markets; 3.2 The Eurocurrency Market; 3.3 The Foreign Exchange Market; 3.4 Foreign Exchange Rates and Quotations; 3.5 Hedging with Currency Forwards; 3.6 The Empirical Behavior of Exchange Rates; 3.7 Summary; Key Terms; Conceptual Questions; Problems
- Chapter 4: The International Parity Conditions and Their Consequences4.1 The Law of One Price; 4.2 Exchange Rate Equilibrium; 4.3 Covered Interest Arbitrage and Interest Rate Parity; 4.4 Less Reliable International Parity Conditions; 4.5 The Real Exchange Rate; 4.6 Exchange Rate Forecasting; 4.7 Summary; Key Terms; Conceptual Questions; Problems; Further Reading; Appendix 4A: Continuous Compounding; Continuously Compounded Rates of Return; International Parity Conditions in Continuously Compounded Returns; Real Exchange Rates in Continuously Compounded Returns; Summary; Problems
- Part Two: Derivative Securities for Financial Risk ManagementChapter 5: Currency Futures and Futures Markets; 5.1 The Evolution of Futures Markets; 5.2 Futures Contracts; 5.3 Forward versus Futures Market Hedges; 5.4 Hedging with Currency Futures; 5.5 Summary; Key Terms; Conceptual Questions; Problems; Chapter 6: Currency Options and Options Markets; 6.1 What Is an Option?; 6.2 Option Payoff Profiles; 6.3 Currency Option Values Prior to Expiration; 6.4 Hedging with Currency Options; 6.5 Exchange Rate Volatility Revisited; 6.6 Summary; Key Terms; Conceptual Questions; Problems; Further Reading
- Appendix 6A: Currency Option ValuationThe Black-Scholes option pricing model; A currency option pricing model; Key Terms; Problems; Further Reading; Chapter 7: Currency Swaps and Swaps Markets; 7.1 The Growth of the Swaps Market; 7.2 Swaps as Portfolios of Forward Contracts; 7.3 Currency Swaps; 7.4 Interest Rate Swaps; 7.5 Other Types of Swaps; 7.6 Hedging the Swap Bank's Exposure to Financial Price Risk; 7.7 Summary; Key Terms; Conceptual Questions; Problems; Advanced; Part Three: Managing the Risks of Multinational Operations; Chapter 8: Multinational Treasury Management
- 8.1 Determining Financial Goals and Strategies