Chapter 19 International Business Finance

Chapter Outline

19.1 Foreign Exchange Markets and Currency Exchange Rates (pgs. 608–615)
1. Objective 1. Understand the nature and importance of the foreign exchange market and learn to read currency exchange rate quotes.
19.2 Interest Rate and Purchasing- Power Parity (pgs. 616–619)
1. Objective 2. Describe interest rate and purchasing-power parity.
19.3 Capital Budgeting for Direct Foreign Investment (pgs. 619–624)
1. Objective 3. Discuss the risks that are unique to the capital budgeting analysis of direct foreign investments.

When reading this chapter, you should keep ...

Get Financial Management: Principles and Applications, 13/e now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.