مدیریت مالی بین‌المللی: ویرایش جدید پیرسون

For undergraduate and graduate students enrolled in an international finance course. An approach that blends theory and practice with real-world data analysis. International Financial Management seamlesslyblends theory with the analysis of data, examples, and practical case situations. Overall, Bekaert/Hodrick equips future business leaders with the analytical tools they need to understand the issues, make sound international financial decisions, and manage the risks that businesses may face in today's competitive global environment. All data in this edition has been updated to reflect the most recent information, including coverage on the latest research, global financial crisis, and emerging markets. Cover......Page 1 Table of Contents......Page 4 Glossary......Page 6 1. Globalization and the Multinational Corporation......Page 24 2. The Foreign Exchange Market......Page 59 3. Forward Markets and Transaction Exchange Risk......Page 92 4. The Balance of Payments......Page 122 5. Exchange Rate Systems......Page 152 6. Interest Rate Parity......Page 192 7. Speculation and Risk in the Foreign Exchange Market......Page 224 Appendix: The Siegel Paradox......Page 261 Appendix: The Portfolio Diversification Argumentand the Capm......Page 262 8. Purchasing Power Parity and Real Exchange Rates......Page 265 9. Measuring and Managing Real Exchange Risk......Page 300 10. Exchange Rate Determination and Forecasting......Page 334 11. International Debt Financing......Page 375 12. International Equity Financing......Page 421 13. International Capital Market Equilibrium......Page 453 Appendix: The Mathematics of International Diversification......Page 501 14. Country and Political Risk......Page 502 15. International Capital Budgeting......Page 548 Appendix: Deriving the Value of a Perpetuity......Page 581 16. Additional Topics in International Capital Budgeting......Page 582 17. Risk Management and the Foreign Currency Hedging Decision......Page 618 18. Financing International Trade......Page 647 19. Managing Net Working Capital......Page 675 20. Foreign Currency Futures and Options......Page 704 21. Interest Rate and Foreign Currency Swaps......Page 748 B......Page 778 C......Page 779 D......Page 781 E......Page 782 F......Page 784 H......Page 785 I......Page 786 K......Page 787 M......Page 788 O......Page 789 P......Page 790 R......Page 791 S......Page 792 U......Page 794 Z......Page 795 This text is for undergraduate and graduate students enrolled in an international finance course. Bekaert and Hodrick equip future business leaders with the analytical tools they need to make sound financial decisions in a competitive global environment