Essential Background -- Introduction -- The international monetary system -- Corporate finance around the world -- Foreign Exchange -- Exchange rates: the basic equations -- Foreign exchange markets -- The balance of payments -- Theories and empiricism on exchange rate movements -- Definitions of foreign exchange risk -- Financial accounting and foreign exchange -- Hedging -- Does foreign exchange exposure matter? -- Principles of exposure management -- Internal techniques of exposure management -- External techniques of exposure management -- Derivatives -- Swaps -- Financial futures and foreign exchange -- Options -- Currency options -- Interest rate risk -- Financial engineering -- International Capital Budgeting -- The internationalization process -- Exchange controls and corporate tax in international investment -- The international capital budgeting framework -- The international capital budgeting model -- International investment: what discount rate? -- Country risk analysis and political risk -- International capital budgeting: the practicalities -- International Financing -- International debt instruments -- Financing the multinational and its overseas subsidiaries -- Cash management -- Project finance -- Financing international trade and minimizing credit risk -- Miscellaneous -- Miscellaneous issues in multinational finance -- Present value of $1 -- Present value of $1 received annually for n years -- Table of areas under the normal curve -- Black and Scholes value of call options expressed as a percentage of the share price -- Present value of $1 with a continuous discount rate, r, for T periods. Values of e[superscript -rt] -- SWIFT codes.