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1、《国际财务管理(全英)》总复习概览2013年12月2日√讲授与考核章节:Chpt1,2,3,4,5,6,8,9,10,15,17,18◇注:由于实际授课中对Chpt4和Chpt5也进行了较多的介绍,故也要求了解这两章的关键概念和重要的结论;这两章也在期末考试标准化部分或简单计算部分中进行考核。题型:(计划)一、单项选择题1.5×16=24分;二、判断正误题1.5×10=15分;三、简答题或名词解释7×3=21分;四、计算分析题3题,共30分【题源来自教材正文中的计算例题、部分章节后的Problems、PPT中例题】五、综合分析题1题,共30分
2、【华尔街日报或ChinaDaily相关财经新闻或专业评论,阅读后分析、简单计算及作答】各章部分重点内容提要:Chpt01:ExpandedopportunitysetofMNCs,7Theoryofcomparativeadvantage,14Chpt02:BrettonWoodssystem,33Gresham’slaw,30Incompatibletrinityormacroeconomictrilemma,56JamaicaAgreement,36Advantagesanddisadvantagesofflexible/fixedexc
3、hangerateragimeChpt03:Balanceofpayments,64J-curveeffects,68Howtorecordsomeinternationaltransactionsinthedebitandcreditofacountry’sbalanceofpayments?——Exercisesandexamples.Chpt04:Agencyproblems(incorporategovernance),85简要了解Sarbenes-OxleyAct,102以及CadburyCode,104.Chpt05:Forwar
4、dpremium/discount,131triangulararbitrage,127----简答或简要计算、分析应用Chpt06:Coveredinterestarbitrage,141—计算、应用或分析Purchasingpowerparity(PPP),148简要了解其余四个平价关系Chpt08:Transactionexposure198anditshedgingapproaches(forwardmarkethedge,200、moneymarkethedge,203、optionmarkethedge,203)Shouldafi
5、rmhedgeagainsttransactionexposure?另要求计算及综合分析。Chpt09:Economicexposure(whichincludesassetexposure,233andoperatingexposure,233)Determinantsofacompany’soperatingexposureThecompetitiveandconversioneffectsofexchangeratechangesonthefirm’soperatingcashflows.要求计算及综合分析。Chpt10:要求不高,仅要
6、求大体了解Translationexposureand4methodsofaccountingtranslation.Chpt15:Gainsfrominternationaldiversification,369homebiasinportfolioholdings,390Optimalinternationalportfolios,371该章仅要求简单的组合风险与收益之计算,不考大计算题。Chpt17:CostofcapitalorWACC,435DoestheCostofCapitalDifferAmongCountries?{plsr
7、efertoPPTs}【不要求:Pricingspillovereffect448nontradableassets’freeriding449PricingtoMarket(PTM)phenomenon,450】Cross-listingofstocksandcostofcapital,436Whycross-list?Benefitsvs.Costs,439TheFinancialStructureofSubsidiaries:Mainconclusions447跨国企业资本成本的简要计算。Chpt18:AdjustedPresentVa
8、lue(APV)ruleforinternationalcapitalbudgeting,stepsandprocedures,formulasandmodel.E