includes index

Contents: Part 1: Environment of international financial management -- introduction: multinational enterprise and multinational financial management -- the determination of exchange rates -- the international monetary system -- parity conditions in international finance and currency forecasting -- the balance of payments and international economic linkages -- Part 2: Foreign exchange and derivatives markets -- currency futures and options markets -- swaps and interest rate derivatives -- Part 3: Foreign exchange risk management -- measuring and managing translation and transaction exposure -- measuring and managing economic exposure -- Part 4: Financing the multinational corporation -- international financing and national capital markets -- the euromarkets -- the cost of capital for foreign investments -- Part 5: Foreign investment analysis -- international portpolio investment -- corpporate strategey and foreign direct investment -- capital budgeting for the multinational corporation -- Part 6: Multinational working capital management -- financing foreign trade -- current asset management and short-term financing -- managing the multinational financing system.