International Finance
Price: 625.00 INR
ISBN:
9780195690231
Publication date:
16/03/2007
Paperback
320 pages
Price: 625.00 INR
ISBN:
9780195690231
Publication date:
16/03/2007
Paperback
320 pages
Completely updated and revised, the second edition of International Finance - Corporate Decisions in Global Markets applies the principles of financial economics to explain how international corporate finance decisions are made in the real world
Suitable for: Post-Graduate Text
Rights: OUP USA (INDIAN TERRITORY)
Description
Completely updated and revised, the second edition of International Finance - Corporate Decisions in Global Markets applies the principles of financial economics to explain how international corporate finance decisions are made in the real world Written from a practical, financial perspective versus one of pure economic theory, the text is divided into three sections. The first section provides a comprehensive discussion of exchange rates. The next section offers an in-depth look at a firm's foreign exchange exposure measurement and hedging. The material highlights the connection between foreign exchange exposure in profit and foreign exchange exposure in equity, as well as the impact of foreign currency debt and currency swaps. The third section examines overseas investment decisions in both countries integrated with the global financial market and those still segmented from it. Coverage emphasizes the cost of capital and accounting for overseas investments and hedging of foreign exchange risk.
Table of contents
PART I. FOREIGN EXCHANGE RATES
Chapter 2. Foreign Exchange and Purchasing Power
Chapter 3. Forward Foreign Exchange
Chapter 4. Foreign Exchange and Interest Rates
PART II. LONG-TERM FOREIGN EXCHANGE EXPOSURE
Chapter 5. Foreign Exchange Operating Exposure
Chapter 6. Debt and Foreign Exchange Exposure
Chapter 7. Currency Swaps
Chapter 8. Economic Foreign Exchange Exposure
PART III. COST OF CAPITAL AND CROSS-BORDER INVESTMENTS
Chapter 9. Global Finance and the Cost of Capital
Chapter 10. Cost of Capital for Overseas Investments
Chapter 11. Accounting for Foreign Investments and Hedging
Chapter 12. Overseas Investment Decisions
Features
- Employs a practical, financial perspective with real-world applications
- Offers a detailed description of economic foreign exchange exposure
- Includes expanded material on currency swaps to show their role in foreign exchange exposure management
- Provides additional material on overseas investment decisions when exchange rates are not correctly valued
Description
Completely updated and revised, the second edition of International Finance - Corporate Decisions in Global Markets applies the principles of financial economics to explain how international corporate finance decisions are made in the real world Written from a practical, financial perspective versus one of pure economic theory, the text is divided into three sections. The first section provides a comprehensive discussion of exchange rates. The next section offers an in-depth look at a firm's foreign exchange exposure measurement and hedging. The material highlights the connection between foreign exchange exposure in profit and foreign exchange exposure in equity, as well as the impact of foreign currency debt and currency swaps. The third section examines overseas investment decisions in both countries integrated with the global financial market and those still segmented from it. Coverage emphasizes the cost of capital and accounting for overseas investments and hedging of foreign exchange risk.
Read MoreTable of contents
PART I. FOREIGN EXCHANGE RATES
Chapter 2. Foreign Exchange and Purchasing Power
Chapter 3. Forward Foreign Exchange
Chapter 4. Foreign Exchange and Interest Rates
PART II. LONG-TERM FOREIGN EXCHANGE EXPOSURE
Chapter 5. Foreign Exchange Operating Exposure
Chapter 6. Debt and Foreign Exchange Exposure
Chapter 7. Currency Swaps
Chapter 8. Economic Foreign Exchange Exposure
PART III. COST OF CAPITAL AND CROSS-BORDER INVESTMENTS
Chapter 9. Global Finance and the Cost of Capital
Chapter 10. Cost of Capital for Overseas Investments
Chapter 11. Accounting for Foreign Investments and Hedging
Chapter 12. Overseas Investment Decisions