Synopsis
Presents a comprehensive discussion of the foreign exchange market. Discusses the key parity conditions in international finance that relate interest rates, exchange rates, and inflation rates, and the underlying arbitrage considerations that determine them-along with numerous real-world applications. Presents distinctions between real and nominal exchange rates and between accounting and economic exposure and their significance for exchange risk management.
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Multinational Financial Management
Published by
John Wiley and Sons Ltd, 2003
ISBN 10: 0471386901
ISBN 13: 9780471386902
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Hardcover
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