Part 1: The International Financial Environment

Ch 1: Multinational Financial Management: An Overview

Ch 2: International Flow of Funds

Ch 3: International Financial Markets

Appendix 3: Investing in International Financial Markets

Ch 4: Exchange Rate Determination

Ch 5: Currency Derivatives

Appendix 5A: Currency Option Pricing

Appendix 5B: Currency Option Combinations

Part 2: Exchange Rate Behavior

Ch 6: Government Influence on Exchange Rates

Appendix 6: Government Intervention during the Asian Crisis

Ch 7: International Arbitrage and Interest Rate Parity

Ch 8: Relationships among Inflation, Interest Rates, and Exchange Rates

Part 3: Exchange Rate Risk Management

Ch 9: Forecasting Exchange Rates

Ch 10: Measuring Exposure to Exchange Rate Fluctuations

Ch 11: Managing Transaction Exposure

Appendix 11: Nontraditional Hedging Techniques

Ch 12: Managing Economic Exposure and Translation Exposure

Part 4: Long-Term Asset and Liability Management

Ch 13: Direct Foreign Investment

Ch 14: Multinational Capital Budgeting

Appendix 14: Incorporating International Tax Law in Multinational Capital Budgeting

Ch 15: International Corporate Governance and Control

Ch 16: Country Risk Analysis

Ch 17: Multinational Capital Structure and Cost of Capital

Ch 18: Long-Term Debt Financing

Part 5: Short-Term Asset and Liability Management

Ch 19: Financing International Trade

Ch 20: Short-Term Financing

Ch 21: International Cash Management

Appendix 21: Investing in a Portfolio of Currencies

Part 5: Integrative Problem: Short-Term Asset and Liability 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