国际财务管理（原书第8版）课件PPTEun_CH05_Accessible.pptx

International Financial ManagementEighth Edition;Chapter Outline (1 of 2);Chapter Outline (2 of 2);FX Market Participants;EXHIBIT 5.1 Shares of Reported Global Foreign Exchange Turnover by Country, 2013;EXHIBIT 5.2 Average Electronic FX Conversations per Hour (Monday–Friday, 2001);Correspondent Banking Relationships;Correspondent Banking Relationships: Example 1;Correspondent Banking Relationships: Example 1 (Bank A’s Balance Sheet Before and After);Correspondent Banking Relationships: Example 1 (Bank B’s Balance Sheet Before and After);Correspondent Banking Practice Problem (1 of 2);Correspondent Banking Practice Problem (2 of 2);Correspondent Banking Communications;Spot Rate Quotations;EXHIBIT 5.4 Exchange Rates (May 16, 2016) (1 of 5);EXHIBIT 5.4 Exchange Rates (May 16, 2016) (2 of 5);EXHIBIT 5.4 Exchange Rates (May 16, 2016) (3 of 5);EXHIBIT 5.4 Exchange Rates (May 16, 2016) (4 of 5);EXHIBIT 5.4 Exchange Rates (May 16, 2016) (5 of 5);Direct and Indirect Quotes (1 of 2);Direct and Indirect Quotes (2 of 2);The Bid-Ask Spread;The Bid-Ask Spread as %;The Bid-Ask Spread: Quoted “Big Fig” versus “Small Fig”;The Bid-Ask Spread: Indirect Ask as reciprocal of Direct Bid (1 of 2);The Bid-Ask Spread: Indirect Ask as reciprocal of Direct Bid (2 of 2);Currency Conversion with Bid-Ask Spreads (1 of 2);Currency Conversion with Bid-Ask Spreads (2 of 2);Sample Currency Conversion Problem (1 of 2);Sample Currency Conversion Problem (2 of 2);Second Sample Currency Conversion Problem;Spot FX Trading;Spot Cross Rates;EXHIBIT 5.6 Key Cross-Currency Rates;Cross Bid Rates with Bid-Ask Spreads (1 of 2);Cross Bid Rates with Bid-Ask Spreads (2 of 2);Cross Ask Rates with Bid-Ask Spreads (1 of 2);Cross Ask Rates with Bid-Ask Spreads (2 of 2);Cross Rates with Bid-Ask Spreads;Triangular Arbitrage Example (1 of 4);Triangular Arbitrage Example (2 of 4);Triangular Arbitrage Example (3 of 4);Triangular Arbitrage Example (4 of 4);Spot Foreign Exchange Microstructure;The Forward Market;Forward Rat