Multinational Business Finance 14th Edition By David K. Eiteman – Test Bank

Multinational Business Finance 14th Edition by David K. Eiteman is a comprehensive Test Bank that focuses on modern international finance. The book is renowned for its detailed coverage of global financial aspects, training future leaders in multinational corporations to understand and leverage the unique features of global markets. With a focus on making financial decisions that enhance firm value, this edition includes real-world mini-cases throughout the chapters to help apply concepts to the challenges faced by multinational company managers.

Key Features of the 14th Edition:

– Updated chapters on currency derivatives like futures, options, and swaps
– Revised sections on translation exposure and operational (financial) exposure to reflect the industry’s growing interest in currency-based company risks
– Restructured chapters on financial structures and capital sourcing strategies used by multinational corporations for a more cohesive presentation
– Nine chapter mini-cases exploring current global financial market challenges in various regions and industries

The book is structured in a student-friendly manner, beginning with learning objectives for each chapter and ending with a summary of how those objectives were met. An abundance of illustrations and presentations serve as visual aids to complement the concepts discussed. Additionally, a detailed case study on Trident Corporation, a hypothetical U.S.-based firm, provides a comprehensive framework for understanding the complexities of globalization.

Table of Contents:
Part I. Global Financial Environment
1. Multinational Financial Management: Challenges and Opportunities
2. The International Monetary System
3. The Balance of Payments
4. Financial Goals and Corporate Governance

Part II. Foreign Exchange Theory and Markets
5. The Foreign Exchange Market
6. International Parity Conditions
– Appendix: An Algebraic Primer to Parity Conditions
7. Foreign Currency Futures and Options
– Appendix: Foreign Currency Options Pricing Theory
8. Interest Rate Derivatives and Swaps
9. Exchange Rate Determination and Forecasting

Part III. Foreign Exchange Exposure
10. Transaction Exposure
– Appendix: Complex Option Hedges
11. Translation Exposure
12. Operating Exposure

Part IV. Financing the International Company
13. The Global Cost and Availability of Capital
14. Raising Equity and Debt Globally
– Appendix: Financial Structure of Foreign Subsidiaries
15. Multinational Tax Management
16. International Trade Finance

Part V. Foreign Investment Decisions
17. Foreign Direct Investment and Political Risk
18. Multinational Capital Budgeting and Cross-Border Acquisitions

Answers to selected end-of-chapter questions, a glossary, and an index are also provided for reference.

FAQs (Frequently Asked Questions):

1. Is the Test Bank for Multinational Business Finance 14th Edition suitable for students studying international finance?
– Yes, the Test Bank is designed to provide comprehensive coverage of global financial concepts for students and professionals in the field of international finance.

2. Are there practice questions available in the Test Bank?
– Yes, the Test Bank includes end-of-chapter questions with answers to help reinforce understanding and application of the material.

3. Can the Test Bank be used for exam preparation?
– Absolutely, the Test Bank is a valuable resource for preparing for exams by providing practice questions and solutions for self-assessment.

In conclusion, Multinational Business Finance 14th Edition by David K. Eiteman is a highly recommended Test Bank for those interested in gaining a deep understanding of international finance and its impact on multinational corporations. With its practical approach and real-world examples, this book serves as a valuable resource for students and professionals in the field.