FIN 440: International Finance

Larry Schrenk, Instructor

Schedule and Supplements

Topic Number

Date

Topics

Readings

Part I: The Foreign Exchange Market

1, 2

(Top)

1/8-1/14

Introduction and FX Market Overview

Learning Objective: TBA

Slides: Topic 1, Topic 2

 

Chapter 1

3, 4

(Top)

 1/15-1/21

FX Quotations, the Bid-Ask Spread and Cross Exchange Rates

Learning Objective: TBA

Slides: Topic 3, Topic 4

Handout: FX Abbreviations, Formulae Sheet

No Class on MLK Day (1/15)

Chapter 5

5

(Top)

1/22-1/28

Triangular Arbitrage and Forward Markets

Learning Objective: TBA

Slides: Topic 5

Assignment 1: 5: 1, 2, 4, 5, 6, 7, 9, 10, 12, 13 (Due 2/9 in D2L)

NOTE: Problem 5.6 has a typo: it should say “forward premium or discount for the Japanese yen versus the U.S. dollar” (not the Canadian dollar).

Remember that all assignments are done as a group and must be submitted to D2L as an Excel spreadsheet with all calculations done in Excel.

Handout: Excel Guidelines

 

Chapter 5

6, 7

(Top)

 1/29-2/4

Interest Rate Parity

Learning Objective: TBA

Slides: Topic 6, Topic 7

 

Chapter 6

 8

(Top)

2/5-2/11

Purchasing Power Parity 

Learning Objective: TBA

Slides: Topic 8

Assignment 1 due Friday 2/9 in D2L.

 

 Chapter 6

 9

(Top)

2/12-2/18

Fisher Effects and Forecasting

Learning Objective: TBA

Slides: Topic 9

Assignment 2: 6: 1, 2, 3, 4, 5, 6, 7, 8, 11, 12 (Due 2/23D2L)

Remember that all assignments are done as a group and must be submitted to D2L as an Excel spreadsheet with all calculations done in Excel.

 

 Chapter 6

10, 11

(Top)

2/19-2/25

Futures and Option Contracts

Learning Objective: TBA

Slides: Topic 10, Topic 11

Assignment 2 due Friday 2/23 in D2L.

Exam 1 Monday 2/19

Formula Sheet Exam 1 (NOTE: You may not use this during the exam.)

 

Chapter 7

12

(Top)

2/26-3/4

Transaction Exposure

Learning Objective: TBA

Slides: Topic 12

Assignment 3: 7: 1, 4, 6, 8, 11; 8: 2, 5, 6, 7, 8 (Due 3/16 in D2L)

Remember that all assignments are done as a group and must be submitted to D2L as an Excel spreadsheet with all calculations done in Excel.

 

Chapter 8

Spring Break
Part II: International Investments

13, 14

(Top)

3/12-3/18

 Bond and Equity Markets     

Learning Objective: TBA

Slides: Topic 13, Topic 14

Assignment 3 due Friday 3/16 in D2L.

 

Chapters 12 and 13

15

(Top)

3/19-3/25

Currency Swaps

Learning Objective: TBA

Slides: Topic 15

    

Chapter 14

 16

(Top)

  3/26-4/1

 Portfolio Analysis

Learning Objective: TBA

Slides: Topic 16

Assignment 4: 12: 1, 3; 13: 1, 2; 14: 1, 3, 8; 15: 2, 5, 10 (Due 4/13 in D2L)

Remember that all assignments are done as a group and must be submitted to D2L as an Excel spreadsheet with all calculations done in Excel.

  

 Chapter 15

 17

(Top)

4/2-4/8

 International Banking and Money Markets

Learning Objective: TBA

Slides: Topic 17

 

Chapter 11
Part III: International Financial Management

18

(Top)

 4/9-4/15

Capital Structure

Learning Objective: TBA

Slides: Topic 18

Assignment 4 due Friday 4/13 in D2L.

No Class Spring Break Day (4/13)    

Chapter 17

19, 20

(Top)

4/16-4/22

Capital Budgeting

Learning Objective: TBA

Slides: Topic 19, Topic 20

Case: HBS Case      Instructions

Chapter 18

21

(Top)

4/23-4/27

Cash Management

Learning Objective: TBA

Slides: Topic 21

Assignment 5: 17: 1, 2, 3; 18: 1, 3, 4, 5, 6, 7; 19: 1 (Due 5/4 in D2L)

Remember that all assignments are done as a group and must be submitted to D2L as an Excel spreadsheet with all calculations done in Excel.

  

Chapter 19

 

 

Final Exam

  Date: 8:00-8:50 AM, Wednesday 5/3

   Assignment 4 due Thursday 5/3 in D2L

  Case due Thursday 5/3 in D2L