TABLE OF CONTENTS PART I: GLOBAL FINANCIAL ENVIRONMENT 1. Multinational Fin Mgmt: Challenges & Opportunities 2. The International Monetary System 3. The Balance of Payments 4. Financial Goals and Corporate Governance PART II: FOREIGN EXCHANGE THEORY & MARKETS 5. The Foreign Exchange Market 6. International Parity Conditions Appendix: An Algebraic Primer to Parity Conditions 7. Foreign Currency Futures & Options Appendix: Foreign Currency Options Pricing Theory 8. Interest Rate Derivatives & Swaps 9. Exchange Rate Determination & Forecasting PART III: FOREIGN EXCHANGE EXPOSURE 10. Transaction Exposure Appendix: Complex Option Hedges 11. Translation Exposure Electrolux of Sweden Currency Management New #2.