Check the file below and read the book first, then answer questions under each Modules. You are expected to preview the readings under each module and answer the posted questions of your understandings, thoughts, related news, and/or applications about the concepts listed under each module .Do not use any A.I writing tools, such as ChatGpt etc, just your own understanding and through.Questions: Module One – Introduction to the International Financial Environment & the Determination of Exchange RatesReadings: Chapter 1-3Identify and contrast the major markets that facilitate how MNCs conduct international businesses. Describe and explain how various economic variables affect the movements of exchange rates. Our focus will be on international trade, financial systems, monetary policy, and capital flows.Module Two –International Money Market, Bond Market and Equity Market:Reading: Chapter 11-13; International financial markets, Madura, 2014.Building on the understandings of time value of money, pricing of bonds and stocks, an overview of global capital market will be discussed to help students to understand how capital could be moved efficiently across national borders to meet demand in other parts of the world.Module Three – Foreign Exchange Transactions and Risk Management: Reading: Chapter 5-7; Introduce three primary types of derivative contracts: Forwards vs Futures vs Options to equip students with the understandings about how these contracts work and thus used as hedging tools. Then we will dialogue on the foreign exchange risk management for multinational corporations and how to use money market and derivative market to manage the risk.Module Four- International Taxation and Capital BudgetingReadings: Chapter 16-19, and 21Based on the solid understanding of international tax planning, discuss financing decisions with international bonds, equity and hybrids; cost of capital. Synthesize and evaluate options for the management of long-term assets and liabilities, including motives for direct foreign investment, multinational capital budgeting, country risk, analysis, and capital structure decisions.
