000 03715nam a2200541 i 4500
001 ebr10786065
003 CaPaEBR
005 20180830115335.0
006 m eo d
007 cr cn |||m|||a
008 131105s2013 nyu foab 001 0 eng d
020 _z9781606497364
_qpaperback
020 _a9781606497371
_qe-book
035 _a(OCoLC)862232847
035 _a(CaBNVSL)swl00402918
040 _aCaBNVSL
_beng
_erda
_cCaBNVSL
_dCaBNVSL
050 4 _aHG3851
_b.O273 2013
082 0 4 _a332.45
_223
100 1 _aO'Brien, Thomas J.,
_eauthor.
245 1 0 _aIntroduction to foreign exchange rates /
_cThomas J. O'Brien.
250 _aFirst edition.
264 1 _aNew York, New York (222 East 46th Street, New York, NY 10017) :
_bBusiness Expert Press,
_c2013.
300 _a1 online resource (187 pages)
336 _atext
_2rdacontent
337 _acomputer
_2rdamedia
338 _aonline resource
_2rdacarrier
490 1 _aFinance and financial management collection
500 _aPart of: 2013 digital library.
504 _aIncludes bibliographical references (pages [179-181]) and index.
505 0 _aForeign exchange rates -- Foreign exchange rate volatility -- Purchasing power parity -- Extensions of purchasing power parity -- Interest rates and foreign exchange -- Topics in uncovered interest rate parity -- Forward FX contracts -- Foreign exchange transaction exposure -- Case. Houston Marine Electronics -- Notes -- References -- Index.
506 1 _aAccess restricted to authorized users and institutions.
520 3 _aAs managers expand their international business operations, they are confronted by the puzzling and vexing world of foreign exchange (FX) rates. This text is designed as a resource that can help managers quickly understand and navigate the FX market. The text may be used as an introductory module in a course in international finance, whether the course is oriented to international markets, international investments, or international corporate finance. The primary intended audience is an applied MBA course aimed at executives, managers, and would-be managers. After an introduction to FX rates, the text covers the important topic FX rate valuation. It is important for managers to understand when an FX rate is incorrectly valued, as this situation may have a bearing on corporate decisions on strategy, risk management, capital structure, and overseas investments and operations. The text also covers the mechanics of forward FX contracts, and their use in managing the risk of future foreign currency cash flows. The text includes a case that unifies the ideas. The case company is faced with FX exposure in the revenues from a proposed new foreign customer. The decision maker applies the text material to evaluate whether the FX rate is over-, under-, or correctly valued. The final decisions are whether to expand sales to the foreign market and whether to hedge the FX risk.
530 _aAlso available in print.
538 _aMode of access: World Wide Web.
538 _aSystem requirements: Adobe Acrobat reader.
588 _aTitle from PDF title page (viewed on November 5, 2013).
650 0 _aForeign exchange rates.
653 _aforeign exchange rates
653 _ainternational parity conditions
653 _apurchasing power
653 _ainterest rates
653 _aforward FX contracts
653 _ahedging
653 _aFX transaction exposure
776 0 8 _iPrint version:
_z9781606497364
830 0 _a2013 digital library.
830 0 _aFinance and financial management collection.
856 4 0 _uhttp://site.ebrary.com/lib/daystar/Doc?id=10786065
_zAn electronic book accessible through the World Wide Web; click to view
999 _c197714
_d197714