This course focuses on the financial issues that managers confront in an international setting and develops a framework for evaluating the many opportunities, costs, and risks associated with multinational operations. The course employs cases extensively to provide students with a detailed and analytic look at investment and financial decisions undertaken by multinational firms. Topics covered include: determination of exchange rates; foreign exchange market; relationships among inflation rates, interest rates and exchange rates; currency futures, options and swaps; international investing; foreign exchange exposure; hedging exchange risk; and cross-border valuation.
Prerequisite - COMM 121 or COMM 221 or permission of the instructor
Admission restricted to 3rd and 4th year students.