International finance
Mr Ghassan Hossari
6 points * 39 hours per semester * First, second, summer semester * Caulfield, Sydney, Singapore, Hong Kong (not offered in all locations in all semesters)
Objectives On completion of this subject students should be able to assess the theory of international parity conditions; appreciate the valuation of currency options; understand the theory of interest rate parity; derive measurements to the three types of exposure; manage these three types of exposure; understand the various influences on optimum financial structure and cost of capital; appreciate direct foreign investment; assess political risk; evaluate the capital budgeting process; manage the firm' s working capital; understand trade financing techniques.
Synopsis Lectures on the topics listed above with reference to textbooks as well as refereed journal articles.
Assessment Assignment 1 (2000-3000 words): 25% * Assignment 2 (2000-3000 words): 25% * Final examination (3 hours): 50%
Prescribed texts
Eiteman D K and others Multinational business finance 6th edn, Addison Wesley, 1992