MarketforForeignExchange(国际财务管理,英文版).pptx

;Chapter Outline;Chapter Outline;Chapter Outline;Chapter Outline;The Function and Structure of the FOREX Market;FOREX Market Participants;Correspondent Banking Relationships;The Spot Market;Spot Rate Quotations;;;;The Bid-Ask Spread;Spot FX trading;Cross Rates;Triangular Arbitrage;Triangular Arbitrage;Triangular Arbitrage;Triangular Arbitrage;Spot Foreign Exchange Microstructure;The Forward Market;The Forward Market;Forward Rate Quotations;Forward Rate Quotations;;Long and Short Forward Positions;;;;;;;Forward Cross Exchange Rates;SWAPS;Comparative Advantage as the Basis for Swaps;A is the more credit-worthy of the two firms. A pays 2% less to borrow in dollars than B and A pays .4% less to borrow in pounds than B: ;One Feasible Swap:;$8%;$8%;$8%;$8%;$8%;SWAPS;Forward Premium;End Chapter Four;9、春去春又回，新桃换旧符。在那桃花盛开的地方，在这醉人芬芳的季节，愿你生活像春天一样阳光，心情像桃花一样美丽，日子像桃子一样甜蜜。7月-217月-21Tuesday, July 27, 2021 10、人的志向通常和他们的能力成正比例。17:18:0017:18:0017:187/27/2021 5:18:00 PM 11、夫学须志也，才须学也，非学无以广才，非志无以成学。7月-2117:18:0017:18Jul-2127-Jul-21 12、越是无能的人，越喜欢挑剔别人的错儿。17:18:0017:18:0017:18Tuesday, July 27, 2021 13、志不立，天下无可成之事。7月-217月-2117:18:0017:18:00July 27, 2021 14、Thank you very much for taking me with you on that splendid outing to London. It was the first time that I had seen the Tower or any of the other famous sights. If Id gone alone, I couldnt have seen nearly as much, because I wouldnt have known my way about. 。27 七月 20215:18:00 下午17:18:007月-21 15、会当凌绝顶，一览众山小。七月 215:18 下午7月-2117:18July 27, 2021 16、如果一个人不知道他要驶向哪头，那么任何风都不是顺风。2021/7/27 17:18:0017:18:0027 July 2021 17、一个人如果不到最高峰，他就没有片刻的安宁，他也就不会感到生命的恬静和光荣。5:18:00 下午5:18 下午17:18:007月-21