TAILIEUCHUNG - Lecture Business finance (9/e) - Chapter 21: International financial management

This chapter include objectives: Understand the importance of international transactions for the australian economy; read, interpret and use foreign exchange rates; understand the roles of interest rates and inflation rates in exchange-rate determination; understand the empirical evidence on the behaviour of exchange rates; | Chapter 21 International Financial Management 2 2 2 2 2 2 2 Learning Objectives Understand the importance of international transactions for the Australian economy. Read, interpret and use foreign exchange rates. Understand the roles of interest rates and inflation rates in exchange-rate determination. Understand the empirical evidence on the behaviour of exchange rates. 2 2 2 2 2 2 2 Learning Objectives (cont.) Understand the techniques that can be used to manage exchange risk. Explain the advantages of international diversification of investments. Identify the characteristics and uses of currency swaps. Identify the main sources of foreign currency borrowing used by Australian companies. 3 3 3 3 3 Background Statistics International trade now represents about 20% of Australia’s gross domestic product: Table , Source: Reserve Bank of Australia, Bulletin. 4 4 4 4 4 Background Statistics (cont.) Historically, Australia has been a net importer of capital. Levels of foreign .

• Kế toán - Kiểm toán
• Business finance
• Lecture Business finance
• Capital market
• Sources of finance
• Financial management
• International financial management
• Leasing finance
• Sources of long term finance
• Long term finance
• Equipment finance
• Ordinary shares
• Long term debt
• Dividend Policy
• Capital structure
• Capital structure decisions
• Capital market efficiency
• Futures contracts
• Option markets
• Analysis of takeovers
• Management of short term assets
• Financial decisions
• Financial mathematics
• The time value of money
• Project evaluation
• Project evaluation methods
• Portfolio theory
• Aasset pricing
• Financial intermediaries
• Sources of short term debt