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Titlebook: Exchange Risk and Corporate International Finance; Robert Z. Aliber Book 1978 Palgrave Macmillan, a division of Macmillan Publishers Limit

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https://doi.org/10.1007/0-306-47562-6pends on how fully interest rate differentials and forward exchange rates reflect such anticipations. If Fisher Open holds continuously, changes in the currency mix of portfolios would not affect the firm’s income, net worth or market value; neither would changes in exchange rates. Thus a central qu
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Forecasting Next Generation Manufacturingquate compensation, mostly within developing countries. Consequently, many firms prefer to borrow locally to finance their foreign subsidiaries to minimise their exposure to losses from expropriation; they anticipate that if a subsidiary is expropriated, its new owners would be obliged to repay its
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https://doi.org/10.1007/978-3-031-27492-3the uncertainty of variations in income from changes in exchange rates. Moreover, the tax structure also affects the techniques used to alter exposure, and the countries in which firms realise their exchange gains and their exchange losses.
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Kenneth C. Land,Stephen H. Schneider unknown. Governments announce that they will not change their parities, or that they will rely on floating exchange rates for the indefinite future, or that they will not adopt or alter their exchange controls, or that the property rights of foreign firms will be respected. Such commitments may be
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Palgrave Macmillan, a division of Macmillan Publishers Limited 1978
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