The aim of this note is that the students develop an understanding of
the main implications of increasing integration of the world economy. This note will be divided in two
sections. The first section will be more like a traditional lecture class and
will focus on theoretical models and empirical facts. The second section will be
more like a seminar course with presentations by students and wide discussion on
topics in international finance and international macroeconomics.
extends the valuation of firm assets and liabilities to cases where they contain
embedded contingent claims, reconciling these option prices of assets and
liabilities with the Capital Asset Pricing Model (CAPM). It also discusses the
role and activity of Hedge Funds since as investment Corporations, they often
make intensive use of options. Topics covered includes: Review of firm valuation
& CAPM, Market Efficiency & Random Walks, Black Scholes, Company liabilities as
options, Options on company liabilities, Bankruptcy costs, tax and optimal
capital structure, Hedging, Agency theory, Mergers and Acquisitions.
This lecture note explains the following topics: Modelling Financial Options,
Random Numbers, Uniform Deviates, Fibonacci Generators , Random Numbers from
Other Distributions, Normal Deviates, Sequences of Numbers with Low Discrepancy,
Monte Carlo Methods, Constructing Integrators for SDEs, Monte Carlo Methods for
European Options, Monte Carlo Methods for American Options, Finite-Difference
Methods for American Vanilla Options.
International Financial Management is a well-known
term in today’s world and it is also known as international finance. It means
financial management in an international business environment. This book covers
the following topics: Multinational Financial Management, Evolution Of
International Monetary and Financial System, Management Of Short-term Assets and
Liabilities, International Capital Budgeting Decision, Foreign Investment
Decision, Political and Country Risk Management, Cost Of Capital Of
Multinational Firm, Capital Structure of Multinational Firm, Dividend Policy of
a Multinational Firm, Taxation Of Multinational Firm and Long-term Sources of
Funds for A Multinational Company.
Author(s): Guru Jambheshwar University of Science and
Technology, Hisar - Haryana
This book covers the following topics: Finance Function :
Scope and Objectives, Financial Resources : Long Term, Medium Term and Short
Term Financial Resources with Reference to India, Capital Structured Decisions,
The Cost of Capital, Capital Budgeting, Working Capital Management, Management
in Cash, Management of Receivables, Inventory Management, Dividend Decisions,
Business Failures and Mergers, Ratio Analysis and Funds Flow Statement.
Author(s): Directorate of Distance Education, Guru Jambheshwar
book covers the following topics related to International Finance:
Capital and its Reward, Banking Machinery, Investments and Securities,
Finance and Trade, The Benefits Of International Finance, The Evils Of
International Finance, Remedies and Regulations.
This book covers the following
topics: What Society does for the Laborer, Capital and Labor, Starvation
Wages, One Dollar, Value cannot be given by Government, The Value of Paper
Money, Why has the Greenback any Value, The Mystery of Money, Evil of a
Depreciating Currency: A Few Facts, The Lessons of History, The Public Faith,
The Cause and the Remedy.
This book covers the following
topics: Interest Rate Calculations, Bond Conventions, Bond Portfolios,
Interest Rate Models, Basic Properties of Futures and Options, Binomial Option
Pricing Model, Black-Scholes Model and the Distribution of Asset Prices, FX
and Interest Rate Options, Trading Volatility.