Cover

Title Page

Copyright

Brief Contents

Contents

Preface

About the Author

PART 1:The International Financial Environment

1 Multinational Financial Management:An Overview

2 International Flow of Funds

3 International Financial Markets

4 Exchange Rate Determination

5 Currency Derivatives

PART 2:Exchange Rate Behavior

6 Government Influence on Exchange Rates

7 International Arbitrage and Interest Rate Parity

8 Relationships among Inflation,Interest Rates,and Exchange Rates

PART 3:Exchange Rate Risk Management

9 Forecasting Exchange Rates

10 Measuring Exposure to Exchange Rate Fluctuations

11 Managing Transaction Exposure

12 Managing Economic Exposure and Translation Exposure

PART 4:Long-Term Asset and Liability Management

13 Direct Foreign Investment

14 Multinational Capital Budgeting

15 International Corporate Governance and Control

16 Country Risk Analysis

17 Multinational Capital Structure and Cost of Capital

18 Long-Term Debt Financing

PART 5:Short-Term Asset and Liability Management

19 Financing International Trade

20 Short-Term Financing

21 International Cash Management

Appendix A:Answers to Self-Test Questions

Appendix B:Supplemental Cases

Appendix C:Using Excel to Conduct Analysis

Appendix D:International Investing Project

Appendix E:Discussion in the Boardroom

Glossary

Index