Applied International Finance, Volume II

This volume is the second of a two-volume set designed for use in a course in applied international corporate finance for managers and executives. This volumes issue is how uncertain foreign exchange (FX) rate changes affect a firms ongoing cash flows and equity value, and what can be done in terms of hedging this risk using financial instruments. The accounting implications are also considered. Numerous examples of real-world companies are used. The volume contains a hypothetical case that ties the material together.