Multinational Business Finance 14th Edition By David K. Eiteman – Test Bank

Resource for Multinational Business Finance 14th Edition By David Okay. Eiteman

1. ISBN-10

   9789332586079
2. ISBN-13

   978-9332586079
3. Renowned for its authoritative and comprehensive coverage of modern global finance, Multinational Business Finance educates the leaders of multinational corporations to identify and leverage the unique characteristics of international markets. In order to enhance firm value through financial decisions, the authors have integrated real-world mini-cases throughout to apply chapter concepts to the types of situations faced by managers of multinational corporations.Chapters on foreign exchange derivatives – futures, options, and swaps – have been combined.The chapters on translation exposure and operating (financial) exposure have been revised to reflect the industry’s increasing interest in and concern about these currency-based company exposures.The chapters on financial structures and capital sourcing strategies used by multinational corporations have been reorganized for a more concise presentation.9 chapter mini-cases explore various challenges in the current global financial market, including:Crowdfunding in Kenya (Chapter 1)Iceland’s Financial Collapse and the Impossible Trinity (Chapter 2)Global Remittances (Chapter 5)KiKos (Knock-In and Knock-Out) Options and the South Korean Crisis (Chapter 7)Argentina’s Sovereign Debt and the Vulture Funds (Chapter 8)Russia Ruble Roulette. Economic Sanctions and the Oil Price Collapse (Chapter 9)China Noah. A Chinese Firm Managing Indonesian Rupiah Risk (Chapter 10)Apple’s Global iTax Strategy (Chapter 15)Elan and Royalty Pharma. Discounted Cash Flow of Cross-Border Royalty Streams and M and A (Chapter 18)A student-friendly writing style combined with a structured presentation of material, starting with learning objectives for each chapter and concluding with a summary of how these learning objectives have been achieved. A wealth of illustrations and exhibits provide a visual complement to the concepts and content presented. A continuous case study about a hypothetical U.S. based company, Trident Corporation, offers a cohesive framework for the multifaceted globalization process and is reinforced in multiple end-of-chapter problems.Table of Contents Part I. Global Financial Environment1. Multinational Financial Management. Challenges and Opportunities2. The International Monetary System3. The Balance of Payments4. Financial Objectives and Corporate GovernancePart II. Global Exchange Theory and Markets5. The Global Exchange Market6. International Parity Conditions Appendix. An Algebraic Introduction to Parity Conditions7. Global Currency Futures and OptionsAppendix. Global Currency Options Pricing Theory8. Interest Rate Derivatives and Swaps9. Exchange Rate Determination and ForecastingPart III. Global Exchange Exposure10. Transaction ExposureAppendix. Advanced Option Hedges11. Translation Exposure12. Operating ExposurePart IV. Financing the Global Company13. The Global Cost and Availability of Capital14. Raising Equity and Debt GloballyAppendix. Financial Structure of Global Subsidiaries15. Multinational Tax Management16. International Trade FinancePart V. Global Investment Decisions17. Foreign Direct Investment and Political Risk18. Multinational Capital Budgeting and Cross-Border AcquisitionsAnswers to selected end-of-chapter questionsGlossaryIndex.