O'Brien, Thomas J.,

Applied international financeThomas J. O'Brien. International cost of capital and capital budgeting - Second edition. - New York, New York (222 East 46th Street, New York, NY 10017) : Business Expert Press, (c)2017. - 1 online resource (xiii, 134 pages) - Finance and financial management collection, .

1 (pages 121-130) and index.

1. Global risk and return -- 2. The international CAPM -- 3. Hurdle rates for overseas operations -- 4. Converting hurdle rates and expected cash flows across currencies -- 5. Cross-border valuation -- 6. International capital budgeting applications -- Case study: New plant for Houston Marine Electronics -- Notes -- Bibliography -- Index.

This volume is part of a three-volume set designed for use in applied international corporate finance courses for students, managers, and executives. Instead of an "encyclopedic" approach, the volumes focus on the main interests of managers who deal with international finance issues. This volume's issue is the cost of capital in international financial markets, hurdle rates for overseas operations, cross-border valuation, and international capital budgeting applications. The volume contains a hypothetical case that aims to tie the material together. The case company is evaluating an overseas expansion proposal and whether to locate the manufacturing facility in the home country or the overseas country. This volume reviews some basics of foreign exchange rates; for more information, see the first volume: Thomas J. O'Brien, Introduction to Foreign Exchange Rates, 2nd edition, Business Expert Press, 2016. The second volume deals how uncertain foreign exchange rate changes affect a firm's ongoing cash flows and equity value, and what can be done about this risk: Thomas J. O'Brien, Applied International Finance I: Managing Foreign Exchange Risk, 2nd edition, Business Expert Press, 2017.




Mode of access: World Wide Web.
System requirements: Adobe Acrobat reader.

9781631579233


International finance.
Foreign exchange.
Capital budget.

beta capital budgeting CAPM cost of capital cross-border valuation currency index foreign exchange (FX) exposure global CAPM hurdle rates international CAPM risk premium


Electronic books.

HG3881 / .A675 2017