100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
Previously searched by you
Test Bank And Solution Manual for Multinational Business Finance 16th Edition By (Eiteman/Stonehill/Moffett) All 18 Chapters Covered, Verified Latest Edition$17.99
Add to cart
Test Bank And Solution Manual for Multinational Business Finance 16th Edition By (Eiteman/Stonehill/Moffett) All 18 Chapters Covered, Verified Latest Edition
6 views 0 purchase
Course
Multinational Business Finance 16th Edition
Institution
Multinational Business Finance 16th Edition
Test Bank And Solution Manual for Multinational Business Finance 16th Edition By (Eiteman/Stonehill/Moffett) All 18 Chapters Covered, Verified Latest Edition
PART I: GLOBAL FINANCIAL ENVIRONMENT
1. Multinational Financial Management: Challenges and Opportunities
2. International Monetary System...
PART I: GLOBAL FINANCIAL ENVIRONMENT
1. Multinational Financial Management: Challenges and Opportunities
2. International Monetary System
3. The Balance of Payments
4. Financial Goals, Corporate Governance and the Market for Corporate Control
PART II: FOREIGN EXCHANGE THEORY & MARKETS
5. The Foreign Exchange Market
6. International Parity Conditions
o Appendix: An Algebraic Primer to International Parity Conditions
7. Foreign Currency Derivatives: Futures & Options
o Appendix: Currency Option Pricing Theory
8. Interest Rate Risk and Swaps
9. Foreign Exchange Rate Determination & Intervention
PART III: FOREIGN EXCHANGE EXPOSURE
10. Transaction Exposure
o Appendix A: Complex Option Hedges
o Appendix B: The Optimal Hedge Ratio and Hedge Effectiveness
11. Translation Exposure
12. Operating Exposure
PART IV: FINANCING THE GLOBAL FIRM
13. Global Cost and Availability of Capital
14. Funding the Multinational Firm
15. Multinational Tax Management
16. International Trade Finance
PART V: FOREIGN INVESTMENTS AND INVESTMENT ANALYSIS
17. Foreign Direct Investment & Political Risk
18. Multinational Capital Budgeting & Cross-Border Acquisitions
,Multinational Business Finance, 16e (Eiteman/Stonehill/Moffett)
v v v v
Chapter 1 Multinational Financial Management: Opportunities and Challenges
v v v v v v
1.1 The Global Financial Marketplace
v v v
1) Financial globalization has NOT resulted in:
v v v v v
A) continuing imbalances of balance of payments.
v v v v v
B) an increase in quantity and speed in the flow of capital across the world.
v v v v v v v v v v v v v
C) capital markets less open and a decrease in the availability of capital for many organizations.
v v v v v v v v v v v v v v
D) uniform ways of ownership, control, and governance across the world.
v v v v v v v v v
Answer: D
v v
Diff: 1
v
L.O.: 1.1 The Global Financial Marketplace
v v v v v
Skill: Recognition
v v
AACSB: Application of knowledge
v v v
2) Financial globalization has NOT resulted in:
v v v v v
A) continuing imbalances of balance of payments.
v v v v v
B) an increase in quantity and speed in the flow of capital across the world.
v v v v v v v v v v v v v
C) capital markets more open and an increase in the availability of capital for many
v v v v v v v v v v v v v
organizations.
v
D) an increase in the flow of capital into and out of industrialized markets.
v v v v v v v v v v v v
Answer: C
v v
Diff: 1
v
L.O.: 1.1 The Global Financial Marketplace
v v v v v
Skill: Recognition
v v
AACSB: Application of knowledge
v v v
3) The institutions of global finance are:
v v v v v
A) central banks. v
B) commercial banks. v
C) investment banks. v
D) All of the above are institutions of global finance.
v v v v v v v v
Answer: D
v v
Diff: 1
v
L.O.: 1.1 The Global Financial Marketplace
v v v v v
Skill: Recognition
v v
AACSB: Application of knowledge
v v v
, 4) A major cost avoided in the eurocurrency markets is the payment of deposit insurance fees,
v v v v v v v v v v v v v v
such as:
v v
A) Federal Deposit Insurance Corporation — FDIC.
v v v v v
B) Office of the Comptroller of the Currency — OCC.
v v v v v v v v
C) International Monetary Fund — IMF. v v v v
D) World Bank — WB. v v v
Answer: A
v v
Diff: 2
v
L.O.: 1.1 The Global Financial Marketplace
v v v v v
Skill: Recognition
v v
AACSB: Application of knowledge
v v v
5) The modern eurocurrency market was born shortly after:
v v v v v v v
A) World War II. v v
B) World War I. v v
C) Korean War. v
D) Bosnian War. v
Answer: A
v vv v
Diff: 1
v v
L.O.: 1.1 The Global Financial Marketplace
v v v v v
Skill: Recognition
v v
AACSB: Application of knowledge
v v v
6) The reference rate of interest in the eurocurrency market is the:
v v v v v v v v v v
A) London Interbank Offered Rate.v v v
B) Prima rate. v
C) Federal funds rate. v v
D) Treasury rate. v
Answer: A
v vv v
Diff: 1
v v
L.O.: 1.1 The Global Financial Marketplace
v v v v v
Skill: Recognition
v v
AACSB: Application of knowledge
v v v
7) Interest spreads in the eurocurrency market are small for many reasons EXCEPT:
v v v v v v v v v v v
A) Eurocurrency loans are secured loans. v v v v
B) Eurocurrency deposits and loans are made in amounts of $500,000 or more on an unsecured
v v v v v v v v v v v v v v
basis.
v
C) The eurocurrency is a wholesale market.
v v v v v
D) Borrowers are usually large corporations or government entities.
v v v v v v v
Answer: A
v v
Diff: 2
v
L.O.: 1.1 The Global Financial Marketplace
v v v v v
Skill: Recognition
v v
AACSB: Application of knowledge
v v v
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Ascorers. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $17.99. You're not tied to anything after your purchase.
