TY - BOOK AU - Sercu,Piet TI - International Finance: Theory into Practice SN - 9781400833122 AV - HG3881 .S428 2011 U1 - 332332.042332/.042 PY - 2009///] CY - Princeton, NJ : PB - Princeton University Press, KW - Finance, International KW - International finance KW - Case studies KW - Problems, exercises, etc KW - BUSINESS & ECONOMICS / Finance / General KW - bisacsh KW - Account (accountancy) KW - Accounting KW - Accounts receivable KW - Arbitrage KW - Asset KW - Balance sheet KW - Bank account KW - Bank KW - Bond (finance) KW - Calculation KW - Capital asset pricing model KW - Capital budgeting KW - Capital gain KW - Capital market KW - Cash flow KW - Cash KW - Central bank KW - Commodity KW - Cost of capital KW - Credit (finance) KW - Credit risk KW - Creditor KW - Cross listing KW - Currency swap KW - Currency KW - Customer KW - Debt KW - Depreciation KW - Discounts and allowances KW - Diversification (finance) KW - Dividend KW - Exchange rate KW - Expense KW - Export KW - Finance KW - Financial asset KW - Financial institution KW - Foreign direct investment KW - Foreign exchange market KW - Foreign exchange risk KW - Forward contract KW - Forward rate KW - Funding KW - Future value KW - Futures contract KW - Hedge (finance) KW - Income KW - Inflation KW - Institutional investor KW - Insurance KW - Interest rate KW - International trade KW - Investment KW - Investor KW - Japanese yen KW - Joint venture KW - Liability (financial accounting) KW - Macroeconomics KW - Margin (finance) KW - Mark-to-market accounting KW - Market (economics) KW - Market liquidity KW - Market maker KW - Market portfolio KW - Market price KW - Market value KW - Money market KW - Net present value KW - Payment KW - Percentage KW - Portfolio investment KW - Present value KW - Pricing KW - Promissory note KW - Provision (accounting) KW - Rate of return KW - Real versus nominal value (economics) KW - Revenue KW - Risk aversion KW - Risk premium KW - Share price KW - Shareholder KW - Speculation KW - Spot contract KW - Spot market KW - Standard deviation KW - Stock exchange KW - Stock market KW - Subsidiary KW - Swap (finance) KW - Swap rate KW - Tax rate KW - Tax KW - Trader (finance) KW - Transaction cost KW - Uncertainty KW - United States Treasury security KW - Valuation (finance) KW - Value (economics) N1 - Frontmatter --; Contents --; Preface --; Acknowledgments --; I Introduction and Motivation for International Finance --; 1 Why Does the Existence of Borders Matter for Finance? --; 2 International Finance: Institutional Background --; II Currency Markets --; About This Part --; 3 Spot Markets for Foreign Currency --; 4 Understanding Forward Exchange Rates for Currency --; 5 Using Forwards for International Financial Management --; 6 The Market for Currency Futures --; 7 Markets for Currency Swaps --; 8 Currency Options (1): Concepts and Uses --; 9 Currency Options (2): Hedging and Valuation --; III Exchange Risk, Exposure, and Risk Management --; About This Part --; 10 Do We Know What Makes Forex Markets Tick? --; 11 Do Forex Markets Themselves See What Is Coming? --; 12 (When) Should a Firm Hedge Its Exchange Risk? --; 13 Measuring Exposure to Exchange Rates --; 14 Value-at-Risk: Quantifying Overall Net Market Risks --; 15 Managing Credit Risk in International Trade --; IV Long-Term International Funding and Direct Investment --; About This Part --; 16 International Fixed-Income Markets --; 17 Segmentation and Integration in the World’s Stock Exchanges --; 18 Why—or When—Should We Cross List Our Shares? --; 19 Setting the Cost of International Capital --; 20 International Taxation of Foreign Investments --; 21 Putting It All Together: International Capital Budgeting --; 22 Negotiating a Joint-Venture Contract: The NPV Perspective --; Further Reading --; References --; Index; restricted access N2 - International Finance presents the corporate uses of international financial markets to upper undergraduate and graduate students of business finance and financial economics. Combining practical knowledge, up-to-date theories, and real-world applications, this textbook explores issues of valuation, funding, and risk management. International Finance shows how theoretical applications can be brought into managerial practice. The text includes an extensive introduction followed by three main sections: currency markets; exchange risk, exposure, and risk management; and long-term international funding and direct investment. Each section begins with a short case study, and each of the sections' chapters concludes with a CFO summary, examining how a hypothetical chief financial officer might apply topics to a managerial setting. The book also contains end-of-chapter questions to help students grasp the material presented. Focusing on international markets and multinational corporate finance, International Finance is the go-to resource for students seeking a complete understanding of the field. Rigorous focus on international financial markets and corporate finance concepts An up-to-date and practice-oriented approach Strong real-world examples and applications Comprehensive look at valuation, funding, and risk management Introductory case studies and "CFO summaries," and end-of-chapter quiz questions Solutions to the quiz questions are available online UR - https://doi.org/10.1515/9781400833122?locatt=mode:legacy UR - https://www.degruyter.com/isbn/9781400833122 UR - https://www.degruyter.com/document/cover/isbn/9781400833122/original ER -