TAILIEUCHUNG - Lecture International finance: An analytical approach (3/e): Chapter 14 - Imad A. Moosa

Chapter 14 - International short-term financing and investment. To explain why short-term foreign currency financing and investment are considered, to consider the choice between domestic and foreign currency financing and investment, to identify the costs and benefits of financing/investment with a portfolio. | Lecture International finance An analytical approach 3 e Chapter 14 - Imad A. Moosa Chapter 14 International Short-Term Financing and Investment Objectives To explain why short-term foreign currency financing and investment are considered To consider the choice between domestic and foreign currency financing and investment To identify the costs and benefits of financing investment with a portfolio Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t a International Finance An Analytical Approach 3e by Imad A. Moosa Slides prepared by Afaf Moosa 14-2 Internal financing A multinational firm can utilise internal financing by requesting a transfer of funds from a subsidiary increasing mark-ups on supplies sent to subsidiaries Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t a International Finance An Analytical Approach 3e by Imad A. Moosa Slides prepared by Afaf Moosa 14-3 Sources of external financing Standby Eurocredits Eurocurrency lines and revolving commitments Euronotes note issuance facilities and Euro- commercial papers Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t a International Finance An Analytical Approach 3e by Imad A. Moosa Slides prepared by Afaf Moosa 14-4 Why foreign currency financing Foreign currency financing introduces FX risk only if there is no exposure already It may be cheaper Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t a International Finance An Analytical Approach 3e by Imad A. Moosa Slides prepared by Afaf Moosa 14-5 Three-month interest rates Australia Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t a International Finance An Analytical Approach 3e by Imad A. Moosa Slides prepared by Afaf Moosa 14-6 Three-month interest rates . Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t a International Finance An Analytical Approach 3e by Imad A. Moosa Slides prepared by Afaf Moosa 14-7 Three-month interest rates Japan Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t a International Finance An Analytical Approach 3e by

• Tài chính doanh nghiệp
• International Finance
• Lecture International finance
• Tài chính quốc tế
• Bài giảng Tài chính quốc tế
• International short term financing
• Internal financing
• International monetary system
• Exchange rate arrangements
• Eurocurrency market
• International banking
• International long term financing
• Foreign bonds
• Foreign direct investment
• International capital budgeting
• International bank loans
• Financial analysis
• Financial management
• Lecture Introduction to finance
• Financial markets
• International trade
• International business firms
• Financial manager
• Bond investment
• Equity investment
• International arbitrage
• Multipoint arbitrage
• Basel accords