Items related to Applied International Finance, Second Edition: Managing...

Applied International Finance, Second Edition: Managing Foreign Exchange and Capital Budget - Softcover

O'Brien, Thomas J.

 
9781631576126: Applied International Finance, Second Edition: Managing Foreign Exchange and Capital Budget
Softcover
ISBN 10: 1631576127 ISBN 13: 9781631576126
Publisher: Business Expert Press, 2016

Synopsis

As managers expand their international business operations, they are confronted by the puzzling and vexing world of foreign exchange (FX) rates. This book 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 author covers the important topic FX rate valuation. It is important for managers to understand when an FX rate may be incorrectly valued, as this situation may have a bearing on corporate decisions on strategy, risk management, capital structure, and overseas investments and operations. He also discusses the mechanics of forward FX contracts and their use in managing the risk of future foreign currency cash flow and 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 estimate 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.

"synopsis" may belong to another edition of this title.

About the Author

Thomas J. O'Brien has been at the University of Connecticut since 1986. He has a PhD from the University of Florida (1980) and a MBA from the University of Pennsylvania. He has numerous publications in quality finance journals on basic and applied topics, including foreign exchange exposure and international cost of capital. He has also served on the board of directors of an international manufacturing company, RBC Bearings, Inc., since 2006.

"About this title" may belong to another edition of this title.

Publisher
Business Expert Press
Publication date
2016
Language
English
ISBN 10 
1631576127
ISBN 13 
9781631576126
Binding
Paperback
Edition number
2
Number of pages
160