Presents a rigorous and balanced presentation of international financial markets and international corporate finance. Takes a unified approach based on arbitrage-fee pricing. Includes an in-depth discussion of the economic role of the forward rate and the value of the forward contract, a comprehensive discussion of when and why the firm can increase its value by hedging foreign exchange risk, an economic analysis of the various payment and credit insurance techniques used in international trade, and more. Over 400 end-of-chapter problems test studentsAE understanding of concepts."
- ISBN10 0412538903
- ISBN13 9780412538902
- Publish Date May 1995 (first published 3 March 1995)
- Publish Status Out of Print
- Out of Print 20 October 2009
- Publish Country GB
- Imprint Cengage Learning EMEA
- Edition New edition
- Format Hardcover
- Pages 725
- Language English