Glossary 489
Index 499
Pt. 1 Foundations of International Financial Management
Pt. 2 World Financial Markets and Institutions
Pt. 3 Foreign Exchange Exposure and Management
Pt. 4 Financial Management of the Multinational Firm
1 Globalization and the Multinational Firm 4
2 International Monetary System 28
3 Balance of Payments 58
4 The Market for Foreign Exchange 74
5 International Parity Relationships and Forecasting Foreign Exchange Rates 100
6 International Banking and Money Market 128
7 International Bond Market 158
8 International Equity Markets 178
9 Futures and Options on Foreign Exchange 206
10 Currency and Interest Rate Swaps 234
11 International Portfolio Investments 254
12 Management of Economic Exposure 290
13 Management of Transaction Exposure 312
14 Management of Translation Exposure 338
15 Foreign Direct Investment 360
16 International Capital Structure and the Cost of Capital 392
17 International Capital Budgeting 420
18 Multinational Cash Management 438
19 Exports and Imports 462
20 International Tax Environment 474