xx
Interbank Foreign Currency
Quotations 543
17-5 Trading in Foreign Exchange 544
Spot Rates and Forward Rates 545
17-6 Interest Rate Parity 546
17-7 Purchasing Power Parity 547
Hungry for a Big Mac? Go to China! 548
17-8 Inflation, Interest Rates, and Exchange
Rates 550
17-9 International Money and Capital
Markets 551
International Credit Markets 551
Stock Market Indices Around the World 552
International Stock Markets 553
17-10 Investing Overseas 554
Global Perspectives: Measuring Country
Risk 555
Global Perspectives: Investing in International
Stocks 555
17-11 International Capital Budgeting 556
17-12 International Capital Structures 558
TYING IT ALL TOGETHER 560
INTEGRATED CASE Citrus Products Inc. 563
APPENDIXES
Appendix A Solutions to Self-Test Questions
and Problems A-1
Appendix B Answers to Selected End-of-
Chapter Problems A-24
Appendix C Selected Equations and
Tables A-27
INDEX I-1
Contents