LibGuides: FIN-6350: Module 5 Resources

Module 5 Required Resources

Eiteman, D. K., Stonehill, A. I., and Moffett, M. H. (2022). Multinational Business Finance (16th ed.). Pearson.

Read the following:

Ch. 6: International Parity Conditions

How price levels and price level changes (inflation) in countries determine the exchange rates at which their currencies are traded.

Access your Redshelf book from the Getting Started module of your course or the Bookshelf link at the top navigation bar of the course.

Do firms hedge with foreign currency derivatives for employees?
Huang, P., Huang, H.-Y., & Zhang, Y. (2019). Do firms hedge with foreign currency derivatives for employees? Journal of Financial Economics, 133(2), 418–440. https://doi.org/10.1016/j.jfineco.2019.01.008.
This article provides the first evidence that a firm's employee treatment score is an important determinant of its fraction of foreign sales hedged with currency-based derivatives.
Transaction Exposure Money Market Hedge
Moy. R. (2020). Transaction exposure money market hedge [Video]. St. John's University.