Type
Quiz
Book Title
International Financial Management 7th Edition
ISBN 13
978-0077861605

978-0077861605 Case Case Part 2

December 25, 2019
Teaching
Europea
n
Reconstr
u
Develop
m
Strategy
f
Offering:
J
Product
#
Length: 2
3
Teaching
Walt Disn
Financin
g
William B
Product
#
Length: 1
Teaching
Chapter
1
Equity M
a
Global E
q
Case of
R
Kenneth
A
Perold
Product
#
Length: 1
9
Teaching
Compani
a
Chile * :
W
Enrique
O
Follette
Product
#
Length: 2
Teaching
Note: 899N2
n
Bank for
u
ction and
m
ent: Marketi
n
f
or the Debut
J
effrey F. Ra
y
#
: 594005
3
p
Note: 59611
ey Co.'s Yen
g
: W. Carl Ke
s
. Allen
#
: 287058
1p
Note: 20109
1
3: Internati
o
a
rkets
q
uity Markets
:
R
oyal Dutch
a
A
. Froot;
A
nd
#
: 296077
9
p
No
t
e: 20109
a
de Telefon
o
W
. Carl Keste
O
stale ; Charl
e
#
: 293015
1p
Note: 29801
1
(
i
n
p
O
S
S
I
n
g
Bond
y
port
5
T
s
i
t
o
o
o
m
i
n
(
(
s
a
S
b
s
ter ;
3
W
T
t
p
s
w
c
S
I
o
nal
:
The
a
nd Shell*:
r
e F.
3
R
f
r
a
N
t
p
n
d
L
l
o
i
n
o
s de
r ;
e
s M. La
9
T
T
i
n
C
A
c
R
especially th
e
n
vestor base
p
articular, the
O
ffering. At t
h
S
tandard & P
o
S
ubjects Co
v
nternational
f
T
he Europea
n
s
upranational
t
s debut in th
e
o
f $500 millio
n
o
ffering on tw
o
ffering itself.
m
anager, wh
o
n
volve deter
m
yield), prom
o
formation of
t
s
elect approp
a
long with ov
e
S
ubjects Co
v
b
anking; Inve
s
W
alt Disney i
s
T
okyo. It is e
v
erm borrowi
n
p
otentially att
r
s
wap into a Y
w
ork and sug
g
c
hoices.
S
ubjects Co
v
nternational
f
R
oyal Dutch
a
f
low, so that t
h
r
atio is highly
a
re intensivel
y
N
etherlands
a
he United St
a
p
rice moves
p
n
egatively wit
d
isparities an
d
L
earning Ob
j
o
cation of tra
n
tegration of
T
he newly pri
v
T
elefonos de
n
order to fin
a
C
hile's small,
A
merican bor
r
c
hief financial
R
eceipts (AD
R
e
United Stat
e
had led Hut
c
company w
a
h
e time, Hutc
h
o
or's for a bo
v
ered: Capit
a
f
inance
n
Bank for R
e
financial ins
t
e
internation
a
n
. The bank
m
o
will determi
n
m
ining produ
c
o
tion (road sh
o
t
he syndicat
e
riate target
m
e
rall positioni
n
v
ered: Banki
n
s
tment banki
n
s
considering
v
aluating tec
h
n
gs. Goldman
r
active soluti
o
en liability. T
h
g
ests to the
s
v
ered: Bond
s
f
inance
a
nd Shell co
m
h
e ratio of th
e
variable, mo
v
y
traded. Ro
y
a
nd U.S. mar
k
a
tes. The res
u
p
ositively wit
h
h the U.K. m
a
d
their cause
s
j
ective: To d
e
de/ownershi
p
international
v
atized Chile
a
Chile (CTC)
m
a
nce its expa
illiquid capit
a
r
owers held
b
officer must
R
s) on the N
e
e
s), and con
c
c
hison to expl
a
s debating t
h
h
ison had alr
e
o
a
l capital mar
m
ust determi
n
itioning of th
e
h
e marketing
t
n
e
ting mix. Th
e
m
aturity, cou
p
d
ia relations),
,
the lead ma
and instituti
o
s
titution.
a
stern Europ
e
g
strategy; Pr
u
re yen inflow
FX Forward
s
e
nts a rather
u
o
uld issue EC
a
ins how this
s
to evaluate
r
kets; Curren
c
t
are securitie
s
e
s should be
f
markets whe
d
es more acti
v
s
Shell trade
s
Royal Dutch
/
a
nds and U.S
b
ility to arbitra
ase focal poi
n
ow valuation
r
bitrage does
n
r
kets.
e
company, C
o
u
bstantial ne
w
m
. This task i
d
the skeptic
a
o
utside of the
l
isting Ameri
c
k Exchange i
m
ore diversif
i
a
ncing option
s
f
a Yankee B
o
c
hed Moody'
s
c
ial strategy;
p
ment, the fir
s
a
r era, is pla
n
a bond issua
ng strategy f
o
n
d of the bon
lection of a l
e
e
mix decisio
n
p
on), pricing
and distribut
nager will ne
e
o
nal investor
s
e
; Internation
icing; Social
w
s from Disne
y
s
, swaps, an
d
u
nusual but
U Eurobond
s
alternative
w
the hedging
c
y; Hedging;
s
with linked
c
f
ixed. In fact,
re the securi
t
v
ely in the
s
more active
l
/
Shell relativ
e
. markets an
d
ge these
n
ts.
is affected b
y
n
't lead to
o
mpania de
w
funds exter
n
s complicate
d
a
l view of Lat
region. CTC
'
c
an Deposito
r
s a viable
i
ed
s
. In
o
nd
s
and
s
t
n
ning
nce
o
r the
d
e
ad
n
s
ion
e
d to
s
),
al
y
d
Yen
s
and
w
ould
c
ash
the
t
ies
l
y in
e
d
y
the
n
ally
d
by
in
'
s
r
y
Huaneng
Inc.: Rais
Markets *
A
ndrew
K
Product
#
Length: 2
6
Teaching
Chapter
1
Currenc
y
Note on
F
Swaps*:
W
Product
#
Length: 1
Teaching
Gaz de F
r
William B
Product
#
Length: 1
8
Teaching
J.C. Pen
n
Mason ;
W
Product
#
Length: 2
3
Teaching
R.J. Rey
n
Power Intern
ing Capital in
: Steve R. F
o
K
arolyi; Jerry
W
#
: 98N001
6
p
Note: 898N
1
4: Interest
y
Swaps
F
oreign Curre
W
. Carl Kest
e
#
: 292043
1p
Note: 29300
r
ance* W. C
a
. Allen
#
: 288030
8
p
Note: 29002
n
ey (B)*: Sco
t
W
illiam B. All
e
#
: 286118
3
p
Note: 28704
n
olds Internat
f
S
f
ational,
Global
o
erster;
W
hite
1
I
t
i
n
i
s
t
t
t
t
r
s
a
e
e
S
o
Rate and
ncy
e
r
6
P
i
n
e
i
n
e
S
H
a
rl Kester;
3
T
o
b
i
n
c
p
a
t
A
t
f
E
s
a
S
I
t
t P.
e
n
1
P
i
s
f
c
h
c
t
S
i
onal
R
f
inancing opti
o
S
ubjects Co
v
f
inance; Sout
h
t
is early Oct
o
n
dependent
p
s
in the proc
e
he constructi
o
he new shar
e
he New York
he price of th
r
esistance to
t
s
B
onds, and E
S
ubjects Co
v
nternational
f
n the Spring
o
o
pportunities
f
irm had rece
n
b
ased Mercu
r
a
ssets acros
s
a
ccounts, fix
e
e
xposures. P
r
m
anagement
c
hanges occ
u
o
n Japan, wh
i
s
ystem. Lear
n
a
s the pheno
m
b
roadly than
a
s
trategies of i
n
d
istribution, a
n
c
oming unde
r
d
irected retir
e
S
andra Meye
r
L
LC, has to p
r
s
keptical clie
n
e
quities have
c
lient wonder
s
n
vesting in in
U
.S. market.
a
nd currency
d
iversification
a
nd to demo
n
s
tock returns.
L
earning Ob
j
a
ffects the ris
k
N
T OF THE
M
C
hina is one
o
T
hroughout
m
d
irect invest
m
1
994 and 19
9
w
orld, after th
o
n the one h
a
o
ther hand o
v
WTO) may i
n
s
ignificantly.
T
isition in offs
h
e
n/dollar dual
his structure
uroyen Bond
s
v
ered: Bond
s
f
inance
o
f 1998, Mer
r
related to its
n
tly complete
r
y Asset Man
a
s
the globe wi
e
d income/eq
u
r
ovides an o
p
industry fro
m
u
rring in Euro
p
i
ch is underg
o
n
ing Objecti
v
m
enon of ho
m
a
t present, a
n
n
vestment fir
m
n
d productio
n
r
the control
o
e
ment plans.
r
, founder of
t
r
esent the ca
n
t who is res
p
underperfor
m
s
if the pensi
o
ternational s
t
Meyer plans
movements
t
does add v
a
n
strate how c
u
j
ective: To d
e
k
and return
c
M
ULTINATI
O
o
f the most p
o
m
uch of the 1
9
m
ent (FDI) goi
9
7, China wa
s
e United Sta
t
a
nd and the
U
v
er China's a
c
n
crease Chin
a
T
his case ex
a
h
ore bond m
a
l
s swapped o
r
s
; Capital ma
r
A
bstrac
t
r
ill Lynch fac
e
global asset
m
d its $5.3 bill
i
a
m
ed U.S. equ
o
n fund is los
t
ock markets
to use data
o
t
n
sion fund’s
e
e
ments influe
n
ow internatio
c
s of a stock
p
t
m
ent destina
t
a
ccounted fo
r
oping countri
largest recipi
e
nt agreemen
t
and the Euro
the World Tr
a
m
pressive FD
r
ivers of FDI f
a
n Guaranty
h
c
ould be hed
g
r
Bonds, Eur
o
dollars.
c
y; Hedging;
f
challenges
a
t
business. T
h
u
isition of U.
K
w would ma
n
/institutional
international
u
ture of the a
s
h
emphasis o
o
n currency,
a
o
n of its finan
c
n
g 1) issues s
e
rsify more
r
the product
s
g
to brandin
g
a
re increasin
g
g
rowth of self
-
obal
A
dvisor
s
fication to a
n
fund. Forei
e
time, and t
h
o
tential return
s
e
rperforming
t
al stock retu
r
international
e
quity portfoli
n
ce internati
o
nal diversific
a
p
ortfolio
t
ions in the
w
r
50% of forei
g
es and betw
e
e
nt of FDI in
t
t
s between C
pean Union
o
a
de Organiz
a
I inflows
lows into Chi
n
h
as
g
ed
o
yen
a
nd
h
e
K
.-
n
age
s
set
n the
and
c
ial
uch
s
and
g
,
g
ly
-
s
,
gn
h
e
s
by
t
he
r
ns
o
o
nal
a
tion
w
orld.
g
n
e
en
t
he
hina
o
n the
a
tion
n
a
Financin
g
Benjamin
Qureshi
Product
#
Length: 2
0
Teaching
Petrolera
C.A. * : B
e
Mathew
M
Product
#
Length: 2
2
Teaching
Note on
U
Foreign-
S
Income :
H
Product
#
Length: 7
g
the Mozal P
C. Esty; Fua
#
: 200005
0
p
Note: 20002
Zuata, Petro
z
e
njamin C. E
s
M
ateo Millett
#
: 299012
2
p
Note: 29901
U
.S. Taxation
S
ource Corpo
H
enry B. Reil
#
: 207085
p
a
L
c
r
oject:
ad A.
5
O
(
i
n
p
t
t
h
c
h
s
w
l
a
L
i
n
p
a
i
n
d
f
i
n
i
n
r
a
e
z
uata
s
ty;
3
P
V
(
d
f
b
g
i
n
L
w
p
i
n
p
h
s
f
of
r
ate
ing
I
t
a
h
u
U
S
a
a
nd the lesso
n
L
earning Ob
j
c
ompetitive p
r
O
pens in Jun
e
IFC) recom
m
n
a $1.4 billi
o
p
roject. Four
f
he IFC's larg
e
he size of M
o
h
ad only rece
c
ontractual is
s
h
ave refused
s
ponsors hav
e
w
ill agree tha
t
a
rge investm
e
L
earning Ob
j
n
vestments i
n
p
olitical risk i
n
a
ttempt to mi
t
n
surance. N
e
d
evelopment
f
inancing infr
a
n
volvement i
n
n
frastructure
r
esolving cos
t
a
gency, and t
e
ach of its rol
e
P
etrozuata is
V
enezuela. T
h
Venezuela's
d
evelopment
f
inancial stru
c
b
illion debt in
g
rade rating.
T
n
vestmen
t
-g
r
L
earning Ob
j
w
ell-crafted fi
n
p
roject financ
e
n
vestments.
A
p
ossibility tha
t
h
igher rating
t
s
hows how th
f
unds for dev
e
dentifies sev
e
axing foreign
a
fter-tax effe
c
h
aven" based
u
nderstandin
g
U
.S. taxation
S
ubjects Co
v
a
ccounting; T
n
s for other
d
j
ective: To t
e
r
ocess.
e
1997 with
a
m
ending that t
h
o
n aluminum
s
f
actors make
e
st investme
n
o
zambique's
g
s
ues were sti
to finance th
e
requested I
t
it is the righ
t
e
nt remains t
j
ective: Desi
g
n
emerging
m
n
a developin
g
t
igate the risk
e
xt, it highligh
a
structure pr
o
n
appraising,
projects, an
d
t
ly market im
p
ransaction c
o
e
s.
a proposed
$
h
e project sp
o
national oil c
o
agencies an
d
c
ture. The sp
o
the capital m
T
he key que
s
r
ade rating a
n
j
ective: Des
c
n
ancial trans
a
e
, how to all
o
A
lso address
e
t
a deal can
p
t
han the cou
n
e capital ma
r
e
lopment pro
j
e
ral of the pr
o
-source inco
m
c
ts of the maj
o
business ac
t
g
of the basic
of foreign-so
u
v
ered:
A
cco
u
axation
d
eveloping co
e
ach student
s
a
team from t
h
he board ap
p
s
melter in M
o
the investm
e
n
t in the worl
d
g
ross domes
t
d
from 20 yea
r
ll undecided.
e
deal unless
FC participa
t
t
time and th
e
t
g
ned for peo
p
m
arkets. Pres
e
g
country an
d
k
s through pr
o
ts the contrib
n
general, an
d
o
jects. In part
i
structuring,
m
d
shows how
t
p
erfections in
o
sts. Also ex
p
$
2.5 billion oil
o
nsors, Con
o
o
mpany), ar
e
d
rating agen
c
o
nsors hope
t
m
arkets, whic
h
s
tions are wh
e
n
d, if not, ho
w
c
ribes what t
u
a
ction. Addre
o
cate project
r
es the rating
s
p
ierce the so
v
n
try rating in
w
r
kets are bec
o
j
ects.
o
blems and
p
m
e. Example
s
o
r alternative
s
t
ivities receiv
e
c
problems a
n
u
rce corpora
t
u
nting proced
u
o
untries.
s
to think abo
u
h
e Internatio
n
p
rove a $120
o
zambique k
n
e
nt controver
s
d
; total invest
t
ic project (G
D
rs of civil wa
r
Because co
m
the IFC is in
v
t
ion. Whethe
r
e
right place t
o
p
le with an in
t
e
nts an extre
d
shows how
o
ject selectio
n
b
utions of mul
d
the IFC in p
a
i
cular, it anal
y
m
onitoring, a
n
t
hese activiti
e
cluding infor
m
p
lores the IF
C
-field develo
p
o
co, Inc. and
P
e
planning to
m
c
ies regardin
g
t
o raise a por
t
h
will require
a
e
The partner
s
f
banks provi
d
automotive
p
e
re profitable
f
the Chines
e
sedan and a
o
biles had pr
o
d SGM plan
n
2
001.
a
l capitalizati
o
l
lenging to c
o
y
late 2000,
h
rations and
S
ntry into the
W
n
ance SGM’
s
r
ticular, New
m
n
ated debt a
n
r
s. In develo
p
to consider
s
would affect
M
; how to co
n
r
iorities; and
h
d
parental co
n
j
ective: To u
n
s
ubsidiary ov
e
financing de
of foreign go
v
d
ynamic bet
w
r
lending opp
o
r
y managem
e
d
ed funeral h
o
n
cial distress
o
f debt. Restr
u
reholders, su
and accounti
j
ective: To ill
u
ring options
e
velopment
C
g
Kong. After
p
anded its c
o
,
services, an
e stock price
e
fforts at ass
e
(SGM) was f
o
M
otors and S
l firm owned
s
contributed
d
ed debt fina
n
p
lant and beg
a
from the star
t
e
automobile
m
minivan, sol
d
o
ved popular
n
ed to introdu
o
n occurred
a
o
nvince bank
s
h
owever, SG
M
S
GM faced n
e
W
TO. The C
s
long-term d
e
m
an wanted t
n
d to secure
m
p
ing a propo
s
s
everal issue
s
SGM’s oper
a
n
struct a ne
w
h
ow subsidia
ncerns.
n
derstand th
e
v
erseas, from
cisions. in its
v
ernments' a
t
w
een domesti
c
o
rtunities to
m
e
nt can achie
v
A
bstrac
t
o
me and ce
m
. The compa
n
u
cturing the
d
u
ppliers, and
o
i
ng issues po
t
ustrate the c
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Carl Kest
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Product
#
Length: 1
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Teaching
Globalizi
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Mihir Des
Product
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Length: 2
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Chapter
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