Introduction to foreign exchange rates /
Đã lưu trong:
Tác giả chính: | |
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Định dạng: | Điện tử eBook |
Ngôn ngữ: | Tiếng Anh |
Được phát hành: |
New York, New York (222 East 46th Street, New York, NY 10017) :
Business Expert Press,
2013.
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Phiên bản: | First edition. |
Loạt: | 2013 digital library.
Finance and financial management collection. |
Những chủ đề: | |
Truy cập trực tuyến: | An electronic book accessible through the World Wide Web; click to view |
Các nhãn: |
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Bài tóm tắt: | As managers expand their international business operations, they are confronted by the puzzling and vexing world of foreign exchange (FX) rates. This text is designed as a resource that can help managers quickly understand and navigate the FX market. The text may be used as an introductory module in a course in international finance, whether the course is oriented to international markets, international investments, or international corporate finance. The primary intended audience is an applied MBA course aimed at executives, managers, and would-be managers. After an introduction to FX rates, the text covers the important topic FX rate valuation. It is important for managers to understand when an FX rate is incorrectly valued, as this situation may have a bearing on corporate decisions on strategy, risk management, capital structure, and overseas investments and operations. The text also covers the mechanics of forward FX contracts, and their use in managing the risk of future foreign currency cash flows. The text includes a case that unifies the ideas. The case company is faced with FX exposure in the revenues from a proposed new foreign customer. The decision maker applies the text material to evaluate whether the FX rate is over-, under-, or correctly valued. The final decisions are whether to expand sales to the foreign market and whether to hedge the FX risk. |
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Mô tả sách: | Part of: 2013 digital library. |
Mô tả vật lý: | 1 online resource (187 pages) Also available in print. |
Định dạng: | Mode of access: World Wide Web. System requirements: Adobe Acrobat reader. |
Thư mục: | Includes bibliographical references (pages [179-181]) and index. |
số ISBN: | 9781606497371 |
Truy cập: | Access restricted to authorized users and institutions. |