By Adrian Buckley
Distributed By Trans-Atlantic Publications
652 Pages, Illustrated
$125.00 paper original
International Finance is a complete and authoritative text on the theory and practice of finance in the international arena.
- A user-friendly approach to a complex topic which moves from the basics to the advanced with clarity and conciseness.
- A strong European orientation which gives it an approach that is singular in its focus.
- Opportunities for students to assess their progress with multiple choice questions, end-of-chapter questions and answers, exercises, and glossary.
- Coverage of current issues and up-to-date material on credit default swaps, the financial crisis of 2007 / 2008, sovereign debt crises, and the carry trade.
- Financial Times press cuttings on selected controversial issues drawn from actual vignettes by top FT journalists.
Part A ESSENTIAL BACKGROUND
2 The international monetary system
Part B FOREIGN EXCHANGE
3 Exchange rates: the basic equations
4 Foreign exchange markets
5 The balance of payments
6 Theories and empiricism on exchange rate movements
7 Definitions of foreign exchange risk
TEST BANK 1
Part C HEDGING
8 Does foreign exchange exposure matter?
9 Principles of exposure management
10 Internal techniques of exposure management
11 External techniques of exposure management
TEST BANK 2
Part D DERIVATIVES
13 Financial futures and foreign exchange
15 Currency options
16 Interest rate risk
17 Financial engineering
Part E FINANCIAL CRISIS 2007-8
18 Credit default swaps
19 The financial crisis of 2007-8: a synopsis
TEST BANK 3
Part F INTERNATIONAL CAPITAL BUDGETING
20 The internationalisation process
21 Exchange controls and corporate tax in international investment
22 The international capital budgeting framework
23 The international capital budgeting model
24 International investment: what discount rate?
25 Country risk analysis and political risk
26 International capital budgeting: the practicalities
TEST BANK 4
Part G INTERNATIONAL FINANCING
27 Financing the multinational and its overseas subsidiaries
28 Financing international trade and minimising credit risk
29 Practical problems in hedging
Part H MISCELLANEOUS
30 Miscellaneous issues in international finance
TEST BANK 5
Suggested answers to end of chapter questions
Suggested answers to selected exercises
Solutions to multiple choice questions
Appendix 1 Present value of $1
Appendix 2 Present value of $1 received annually for n years
Appendix 3 Table of areas under the normal curve
Appendix 4 Black and Scholes value of call option expressed as a percentage of the share price
Appendix 5 Present value of $1 with a continuous discount rate, r, for T periods. Values of e–rt
Appendix 6 Selections from ISO 4217 currency code list, a.k.a. SWIFT codes
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