LSC CPSU (CALIF POLYTECHNIC STATE UNIV) : A Managerial Approach( California Polytechnic State University - San Luis Obispo)

by Soenen, Luc

• ISBN13: 9780072987218
• ISBN10: 0072987219
• Edition: 3rd
• Format: Paperback
• Copyright: 2003-11-13
• Publisher: Learning Solutions

Summary

This short text (188 pages) offers a to-the-point overview of the concepts and methods to deal with the foreign exchange risk. The text is written in a user-friendly style and offers plenty of examples about managing (hedging) foreign exchange exposure from the viewpoint of the corporate Treasurer or financial manager. The book discusses the major changes in the monetary system and exchange rate arrangements, the workings of the forex market, determinants of exchange rates, different kinds of exposure to forex risk, different ways to hedge transaction exposure (forwards, money market, futures, options and swaps). In addition attention is paid to dealing with economic exposure, valuation of foreign investment projects, and how to organize forex management in the firm.

Table of Contents

Chapter 1 - The International Monetary System and Its Exchange Rate Arrangements

Chapter 2 - The Foreign Exchange Market

Chapter 3 - Determinants of Foreign Exchange Rates

Chapter 4 - Different Kinds of Foreign Exchange Exposure

Chapter 5 - Managing Foreign Exchange Exposure: Classical Hedging Techniques

Chapter 6 - Hedging Foreign Exchange Exposure with Futures and Options

Chapter 7 - Swaps

Chapter 8 - Managing Economic Exposure: A Strategic Approach to Foreign Exchange Management

Chapter 9 - Valuation of International Investment Projects

Chapter 10 - Organization of Foreign Exchange Management