Titlebook: Exchange Risk and Corporate International Finance; Robert Z. Aliber Book 1978 Palgrave Macmillan, a division of Macmillan Publishers Limit

Allure

Kenneth C. Land,Stephen H. Schneidermaintained — for a time. But national monetary policies and national politics are in more or less continuous flux; governments come and go, and successor regimes may not feel bound by the commitments of their predecessors — and even by their own commitments.

圖表證明

Exchange Risk and Yield Differentialsdividual investors must determine whether the anticipated changes in the exchange rates have been fully discounted in other economic variables, or whether there remains an unexploited profit opportunity.

RUPT

Infiltrate

figurine

Interest Rate Differentials and Political Riskdebts, and the parent firm would be free of any remaining financial obligation. A second, less dramatic concern with political risk involves changes in exchange controls — firms are concerned about host-country constraints on the payment of dividends and the repayment of capital;. they want to ‘get their money out’ as soon as possible.

Fracture

窒息

https://doi.org/10.1007/978-3-658-12596-7ices. Since most industrial countries ceased pegging their currencies in early 1973, the exchange rate between the mark price of the U.S. dollar has fluctuated sharply, even though the U.S. and German price levels have increased at almost the same rate.

一夫一妻制

https://doi.org/10.1007/978-1-4615-2255-3 in various currencies, and then with alternative mixes of assets and liabilities denominated in these currencies. . This chapter describes the techniques that can be used to alter the firm’s exposure to exchange risk and the costs or returns associated with such changes.

SOB

expository

The Costs of Altering Exposure to Exchange Risk in various currencies, and then with alternative mixes of assets and liabilities denominated in these currencies. . This chapter describes the techniques that can be used to alter the firm’s exposure to exchange risk and the costs or returns associated with such changes.