公司金融课件chap022.pptVIP

22 International Corporate Finance Key Concepts and Skills Understand how exchange rates are quoted and what they mean Know the difference between spot and forward rates Understand purchasing power parity and interest rate parity and the implications for changes in exchange rates Understand the basics of international capital budgeting Understand the impact of political risk on international business investing Chapter Outline Terminology Foreign Exchange Markets and Exchange Rates Purchasing Power Parity Interest Rate Parity, Unbiased Forward Rates, and the International Fisher Effect Internat