国际财务管理知识分析(英文版)(ppt 32页).pptVIP

INTERNATIONAL FINANCIAL MANAGEMENT EUN / RESNICK Second Edition 5 Chapter Five International Parity Relationships Forecasting Exchange Rates Chapter Objective: This chapter examines several key international parity relationships, such as interest rate parity and purchasing power parity. Chapter Outline Interest Rate Parity Purchasing Power Parity The Fisher Effects Forecasting Exchange Rates * McGraw-Hill/Irwin Copyright ? 2001 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter Outline Interest Rate Parity Covered Interest Arbitrage IRP a