Download or read book International Financial Markets and the Firm written by Piet Sercu and published by South Western Educational Publishing. This book was released on 1995 with total page 760 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents a rigorous and balanced presentation of international financial markets and international corporate finance. Takes a unified approach based on arbitrage-fee pricing. Includes an in-depth discussion of the economic role of the forward rate and the value of the forward contract, a comprehensive discussion of when and why the firm can increase its value by hedging foreign exchange risk, an economic analysis of the various payment and credit insurance techniques used in international trade, and more. Over 400 end-of-chapter problems test studentsAE understanding of concepts."