International Finance

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International Finance
Electives Preview

• Prof. Masa Watanabe

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Course Overview

• This course focuses on advanced financial
  management issues encountered in global
  competition and international capital markets.
• Foreign exchange market
• Largest financial market in the world
• Daily trading volume gt1 trillion
• Operates 24 hours a day, 7 days a week

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International Finance

• Futures, Options
• Hedging
• Applications

Finance Blue International Red Domestic
2. Currency Risk Management
1. Parity Conditions
3. Cross-border Capital Budgeting
4. Intl Risk and Return

• Corporate Finance
• Project valuation
• Joint venture
• WACC, APV

• Investments
• Mean-variance analysis
• CAPM
• Anomalies (value, momentum)

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Course Details

• Pre-requisite Core Finance
• Main textbook Kirt C. Butler, Multinational
  Finance, 4th edition, Wiley, 2008. Can be viewed
  at the Whitaker library.
• Course packet
• Lecture notes
• Past syllabus and sample lecture notes
  onhttp//www.ruf.rice.edu/watanabe/teaching/mgm
  t657/
• Questions email watanabe_at_rice.edu