Read more
List of contents
I. THE INTERNATIONAL FINANCIAL ENVIRONMENT.
1. International Financial Management and the Multinational Firm.
2. The International Monetary Environment.
3. Foreign Exchange Rate Determination.
Appendix: An Algebraic Primer to International Parity Conditions.
4. The Foreign Exchange Market.
5. Foreign Currency Options.
II. MEASURING AND MANAGING FOREIGN EXCHANGE EXPOSURE.
6. Transaction Exposure.
Decision Case: Lufthansa.
Decision Case: Zapa Chemical and BuBa.
7. Operating Exposure.
8. Accounting Exposure.
Decision Case: Tektronix (C).
9. Interest Rate Exposure and Swaps.
Decision Case: British Columbia Hydro.
III. FINANCING THE GLOBAL FIRM.
10. Global Cost of Capital and Financial Structure.
11. Sourcing Equity Globally.
12. Sourcing Debt Globally.
IV. FOREIGN INVESTMENT DECISIONS.
13. Corporate Strategy and Foreign Direct Investment.
14. Multinational Capital Budgeting.
Decision Case: P.T. Semen Gresik.
15. International Acquisitions and Valuation.
16. Adjusting for Risk in Foreign Investments.
V. MANAGING MULTINATIONAL OPERATIONS.
17. Multinational Taxation.
18. Repositioning Funds.
Decision Case: Northwestern Paper Company.
19. Working Capital Management.
Decision Case: The Far East Trading Company.
20. Export and Import Financing.
21. Evaluation of Performance.
VI. ADVANCED TOPICS IN MULTINATIONAL FINANCE.
22. International Portfolio Theory and the MNE.
23. Advanced Topics in Currency Risk Management.
Appendix A: Currency Option Pricing Theory.
Appendix B: Cumulative Normal Probability Tables.
24. Advanced Topics in Interest Rate Risk Management.
Summary
The Ninth Edition of this market leader communicates the complexities of international finance clearly and authoritatively. Maintaining its hallmark managerial focus, the new edition features a streamlined presentation, expanded attention to emerging markets, several new chapters, and four new decision cases with an emerging-markets focus.
