Fundamentals of Multinational Finance, Global Edition

Michael H. Moffett is Continental Grain Professor in Finance at the Thunderbird School of Global Management, where he has been since 1994. He has authored, co-authored, or contributed to a number of books, articles, and other publications. He has co-authored two books with Art Stonehill and David Eiteman: Multinational Business Finance, and this book, Fundamentals of Multinational Finance.Arthur I. Stonehill is a Professor of Finance and International Business, Emeritus, at Oregon State University, where he taught for 24 years (1966-1990). Professor Stonehill received a B.A. (History) from Yale University (1953) an M.B.A. from Harvard Business School (1957), and a Ph.D. in Business Administration from the University of California, Berkeley (1965). He has authored or co-authored nine books and twenty-five other publications.David K. Eiteman is Professor Emeritus of Finance at the John E. Anderson Graduate School of Management at UCLA. Professor Eiteman received a B.BA. (Business Administration) from the University of Michigan, Ann Arbor (1952); M.A. (Economics) from the University of California, Berkeley (1956); and a Ph.D. (Finance) from Northwestern University (1959). He has authored or co-authored four books and twenty-nine other publications.

• PART I: GLOBAL FINANCIAL ENVIRONMENT Multinational Fin Mgmt: Challenges & OpportunitiesThe International Monetary SystemThe Balance of PaymentsFinancial Goals and Corporate GovernancePART II: FOREIGN EXCHANGE THEORY & MARKETS The Foreign Exchange MarketInternational Parity Conditions Appendix: An Algebraic Primer to Parity Conditions Foreign Currency Futures & OptionsInterest Rate Derivatives & SwapsExchange Rate Determination & ForecastingPART III: FOREIGN EXCHANGE EXPOSURE Transaction ExposureTranslation ExposureOperating ExposurePART IV: FINANCING THE GLOBAL FIRM The Global Cost and Availability of CapitalFunding the Multinational FirmMultinational Tax ManagementInternational Trade FinancePART V: FOREIGN INVESTMENTS OPERATIONS Foreign Direct Investment & Political RiskMultinational Capital Budgeting & Cross-Border Acquisitions Answers to selected end-of-chapter problemsDownload the detailed table of contents