Applied International Finance
Managing Foreign Exchange Risk and International Capital Budgeting
Language - English
Updated on Oct, 2022
About the Book
Book description
This text is designed for use in a course in an 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 that 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.
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Author Details
<a href="https://market.tutorialspoint.com/author/thomas_j_obrien">Thomas J. O’Brien</a>
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