Multinational Finance

An introduction to multinational finance - World trade and the international monetary system - The foreign exchange and eurocurrency markets - The international parity conditions - The nature of currency risk - Multinational corporate strategy - Cross-border capital budgeting - Taxes and multinational corporate strategy - Country risk - Real options and cross-border investment - Corporate governance and the international market for corporate control - Multinational treasury management - The rationale for hedging currency risks - Transaction exposure to currency risk - Operating exposure to currency risk - Translation exposure to currency risk - Multinational capital structure and cost of capital - Currency futures and futures markets - Currency options and options markets - Currency swaps and swaps markets - A tour of the world's capital markets - International portfolio diversification - International asset pricing - Managing an international investment portfolio.