国际投资（第六版）课件 SolMcL_6e_ch09.pptVIP

Chapter 9 The Case for International Diversification Introduction In this chapter we cover: The advantages and disadvantages of international investing. Present the traditional case for international diversification. Calculate the expected return and standard deviation for a two-asset portfolio containing a domestic asset and a foreign asset. Demonstrate how changes in currency exchange rates can affect return and risk that investors earn on foreign security investments. Introduction In this chapter we also cover: Discuss global equity market correlations and global bond market correlations.