|ADM4455||International Financial Management||3 ch (3C) (LE)|
Reviews the concept of balance of payments, foreign exchange markets, and exchange rate systems. Examines exchange rate risk and the economics of currency exposure and the international arbitrage process. Topics include: international portfolio management, capital flows including direct investment, the financial of international enterprises, taxation and transfer pricing, capital budgeting, and the cost of capital in an international setting.
Prerequisite: ADM 3415.