Halftitle: International Finance
Title: International Finance
Copyright
Dedication
About the author
Contents
Illustrations
Preface
Chapter 1: The world of international finance
Part 1: The markets for foreign exchange
Chapter 2: An introduction to exchange rates
Chapter 3: Forward exchange
Chapter 4: Currency futures and options markets
Part 2: The determination of exchange rates
Chapter 5: The balance of payments
Chapter 6: Supply-and-demand view of exchange rates
Part 3: The fundamental international parity conditions
Chapter 7: The purchasing-power-parity principle
Chapter 8: Interest parity
Part 4: Managing foreign exchange risk and exposure
Chapter 9: Foreign exchange exposure and risk
Chapter 10: Accounting exposure versus real exposure
Chapter 11: Operating exposure
Chapter 12: Hedging risk and exposure
Chapter 13: Exchange-rate forecasting and speculation
Part 5: International investment and financing
Chapter 14: Cash management
Chapter 15: Portfolio investment
Chapter 16: Capital budgeting for foreign investments
Chapter 17: The growth and concerns about multinationals
Chapter 18: International dimensions of long-term financing
Part 6: Institutional structure of international trade and finance
Chapter 19: Multinational banking
Chapter 20: Instruments and institutions of international trade
Part 7: The international macroeconomic environment: theories and practices
Chapter 21: Asset-based theories of exchange rates
Chapter 22: Alternative systems of exchange rates
Chapter 23: The international financial system: past, present, and future
Glossary
Name index
Subject index