| Edition |
First edition. |
| Description |
1 online resource (258 pages) |
|
text rdacontent |
|
computer rdamedia |
|
online resource rdacarrier |
| Series |
Finance and financial management collection |
|
2014 digital library.
|
|
Finance and financial management collection.
|
| Note |
Part of: 2014 digital library. |
| Bibliography |
Includes bibliographical references (pages 249-253) and index. |
| Contents |
Part I. Managing foreign exchange risk -- 1. Foreign exchange operating exposure -- 2. FX exposure: business, equity, and translation -- 3. Foreign currency debt -- 4. Currency swaps -- Case. Adventure & Recreation Technologies, Inc. -- Part II. International cost of capital and capital budgeting -- 5. Global risk and return -- 6. Hurdle rates for overseas operations -- 7. International capital budgeting -- 8. Cross-border valuation -- Case. New plant for Houston Marine Electronics -- Notes -- References -- Index. |
| Access |
Access restricted to authorized users and institutions. |
| Summary |
This text is designed for use in a course in applied international corporate finance for managers and executives. Instead of the "encyclopedic" approach, the text focuses on the two main issues of interest to managers who deal with overseas operations. The first main issue is how uncertain foreign exchange (FX) rate changes affect a firm's ongoing cash flows and equity value, and what can be done about this risk. The second main issue is the estimation of the cost of capital for international operations and the evaluation of overseas investment proposals. Numerous examples of real-world companies are used. |
| Note |
Title from PDF title page (viewed on January 3, 2014). |
| Subject |
International finance.
|
|
Foreign exchange.
|
|
Capital budget.
|
| Indexed Term |
FX exposure |
|
operational hedging |
|
FX translation exposure |
|
foreign currency debt |
|
hedge accounting |
|
currency swaps |
|
cost of capital |
|
hurdle rate |
|
political risk |
|
international capital budgeting |
| Genre/Form |
Electronic books.
|
| Other Form: |
Print version: 9781606497340 |
| ISBN |
9781606497340 (paperback) |
|
9781606497357 (electronic bk.) |
|
