Lecture Financial markets and institutions (4/e) – Chapter 24
Lecture Financial markets and institutions (4/e) – Chapter 24
After studying chapter 24, you should be able to: Explain why many firms invest in foreign operations; explain why foreign investment is different from domestic investment; describe how capital budgeting, in an international environment, is similar to or dissimilar from that in a domestic environment; understand the types of exchange-rate exposure and how to manage exchange-rate risk exposure;...