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Multinational finance : evaluating opportunities, costs, and risks of operations /

"Multinational Finance, Fifth Edition assumes the viewpoint of the financial manager of a multinational corporation with investment or financial operations in more than one country. This book provides a framework for evaluating the many opportunities, costs, and risks of multinational operation...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Butler, Kirt Charles
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Hoboken, NJ : John Wiley & Sons, 2012.
Edición:5th ed.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • 2.4. A Brief History of the International Monetary System
  • 2.5. The Global Financial Crisis of 2008
  • 2.6. Summary
  • Key Terms
  • Conceptual Questions
  • Problems
  • Suggested Readings
  • 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. The Empirical Behavior of Exchange Rates
  • 3.6. Summary
  • Key Terms
  • Conceptual Questions
  • Problems
  • Suggested Readings
  • 4. The International Parity Conditions and Their Consequences
  • 4.1. The Law of One Price.
  • 4.2. Exchange Rate Equilibrium
  • 4.3. Interest Rate Parity and Covered Interest Arbitrage
  • 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
  • Suggested Readings
  • Appendix 4. A: Continuous Compounding
  • Problems
  • Part 2. Derivative Securities for Financial Risk Management
  • 5. Currency Futures and Futures Markets
  • 5.1. Financial Futures Exchanges
  • 5.2. The Operation of Futures Markets
  • 5.3. Futures Contracts
  • 5.4. Forward versus Futures Market Hedges.
  • 5.5. Futures Hedges Using Cross-Exchange Rates
  • 5.6. Hedging with Currency Futures
  • 5.7. Summary
  • Key Terms
  • Conceptual Questions
  • Problems
  • Suggested Readings
  • 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 (Advanced)
  • 6.6. Summary
  • Key Terms
  • Conceptual Questions
  • Problems
  • Suggested Readings
  • Appendix 6. A: Currency Option Valuation
  • Key Terms
  • Problems
  • Suggested Readings
  • 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
  • Suggested Readings
  • Part 3. Managing the Risks of Multinational Operations
  • 8. Multinational Treasury Management
  • 8.1. Determining Financial Goals and Strategies
  • 8.2. Managing the Corporation's International Trade
  • 8.3. Financing the Corporation's International Trade
  • 8.4. Managing the Multinational Corporation's Cash Flows.
  • 8.5. Currency Risk Management in the Multinational Corporation.
  • Part 1. The International Financial Environment
  • 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
  • 2. World Trade and the International Monetary System
  • 2.1. Integration of the World's Markets
  • 2.2. Balance-of-Payments Statistics
  • 2.3. Exchange Rate Systems.