Applied International Finance
Author: Thomas J. O'Brien
Publisher: Business Expert Press
Published: 2013-11-30
Total Pages: 183
ISBN-13: 1606497359
DOWNLOAD EBOOKThis 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.