Multinational financial management
/ Alan C. Shapiro.
- 7th ed.
- New York : J. Wiley & Sons, c2003.
- xvi, 743 p. : col. ill. ; 24 cm.
Includes bibliographical references and index.
Presents a comprehensive discussion of the foreign exchange market. * Discusses the key parity conditions in international finance that relate interest rates, exchange rates, and inflation rates, and the underlying arbitrage considerations that determine them-along with numerous real-world applications. * Presents distinctions between real and nominal exchange rates and between accounting and economic exposure and their significance for exchange risk management.