Raman Uppal

Resources for "International Financial Markets and the Firm" ( Piet Sercu and Raman Uppal)



Slides for individual chapters

* All files are Microsoft Word files.


Chapter 00:
Preliminaries

Chapter 01: Spot exchange markets

Chapter 02: Forward exchange rate in perfect markets

Chapter 03: Value of the forward contract

Chapter 04: Forward exchange rate in imperfect markets

Chapter 05: Futures markets

Chapter 06: Currency options

Chapter 07: Binomial option pricing

Chapter 08: Pricing options using the Black-Scholes-Merton model

Chapter 09: International bond and money markets

Chapter 10: Currency swap markets

Chapter 11: Purchasing power parity

Chapter 12: Balance of payments

Chapter 13: Portfolio approach to exchange rates

Chapter 14: Unbiased expectations hypothesis

Chapter 15: Forecasting exchange rates

Chapter 16: Why firms may wish to hedge

Chapter 17: Measuring and hedging contractual exposure

Chapter 18: Measuring and hedging operating exposure

Chapter 19: Accounting exposure to exchange rates

Chapter 20: International trade

Chapter 21: International capital budgeting

Chapter 22: International cost of capital

Chapter 23: International taxes

Chapter 24: Joint venture agreements

Chapter 25: The option approach to capital budgeting


Solutions to exercises


* All files are Acrobat PDF files

Solutions for Chapters 01-05

Solutions for Chapters 06-08

Solutions for Chapters 09-10

Solutions for Chapters 11-12

Solutions for Chapters 13-15

Solutions for Chapters 16-17

Solutions for Chapter 18

Solutions for Chapters 19-20

Solutions for Chapters 21-25


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