25+ documents containing “Foreign Exchange”.
Please write 250 words for each question with inline citations and list references.
Answer each question individually.
1. Foreign Exchange Markets?PPP
Go to the Toys "R" Us sites for both the United States (www.toysrus.com) and the United Kingdom (www.toysrus.co.uk) and try to identify price differences between markets. As a consumer, do you have the right to demand equal prices? Why? As a company, how should you respond to complaints regarding pricing structures?
2. The International Monetary System?IMF
The standard IMF policy prescribes tight monetary policy and reduced government spending for developing nations experiencing a currency crisis. Is this always the right course of action? If there was an alternate approach, how would it affect international businesses?
The article's title is: "Foreign exchange risk management in the companies of steel industry in Eastern European countries"
The article first outlines briefly the general development and status of the steel industry in the countries of Eastern Europe, then, in particular in details in Ukraine and in Turkey.
The next part will represent a case study approach on the example of mainly two companies: Arcelor Mittal that represents the biggest volume of exporting steel in Ukraine; and Erdemir, that controls steel production in Turkey. Both companies are highly representative in the corresponding countries.
The specific kinds of financial risks, which they encounter with, will be explored and analyzed.
The main part of the article will be dedicated to the methods of foreign exchange risk management used currently in the companies of steel industry, in Ukraine and Turkey in particular.
As a result it will be shown that the current methods of foreign exchange risk management in steel industry in Eastern European countries should be improved taken into consideration specific political and economical situation in the countries.
I would like to request this writer: TierOneWriter728
Assessing and Understanding the Foreign Exchange Market Paper: In this paper, provide a descriptive title or heading for your paper by focusing on topics or countries that interest you (such as ?The Volatile Exchange Market in Country X?), and then discuss and explain the following concepts:
1.
Discuss and explain the functions of the foreign exchange market.
2.
Discuss spot exchange rates and its overall importance in the market.
3.
What is forward exchange rate and what role do they play in insuring against foreign exchange risk?
4.
Discuss at least one theory explaining how currency exchange rates are determined and their relative merits.
5.
Discuss and evaluate the merits of different approaches toward exchange rate forecasting.
6.
Discuss the differences between translation, transaction and economic exposure and what managers can do to manage each type of exposure.
I need (4) FULL pages and to use the following:
Using Textbook:
Hill, Charles (2011). International Business: Competing in the Global Marketplace. 8th ed. New York: McGraw Hill. ISBN: 9780078137198
Also need to reference:
business sections of a daily newspaper or business newspapers such as The Wall Street Journal or The Financial Times. Business magazines (e.g., Business Week, The Economist, and Fortune) are also highly recommended. You can also browse the World Wide Web for information about companies, countries, and current events.
Explore methods by which governments intervene in the foreign exchange markets to benefit their economies. Find at least five unique resources that support your research. Also, be sure to distinguish between direct and indirect methods of intervention and provide several real-world examples of intervention (and the results).
One of the major complaints regarding foreign exchange rates and flexible exchange rates is that the exchange rates are too volatile when they float.
Define how the following contributes to volatility of the exchange rate:
trade-balance
currency substitution
differential speed of adjustment of asset markets versus goods markets
the news
Explain each of the above.
Instructions:
Research and write a 2-pg report/essay in APA format, take a valid argument position, that is validated with a min. of 3-4 cited academic references (global/economics/finance). Currency Markets and Exchange Rates.
Overview: Prepare a case study by analyzing Foreign Exchange Markets.
Specific: Make the case study/analysis by analyzing Foreign Exchange Markets, analyzing Buying Currency NOW for Delivery LATER. Elucidate the impacts of the problem.
Organize the case study report-essay with this outline:
1. <
a. A unique Topic that correlates the learning concepts with the case.
b. Use text that identifies both Topic and Title clearly.
2. <
a. A summary of the high points and events of the case to familiarize a
reader with the situation.
b. The summary should be self contained. As outside readers will not have access to the case materials, as such, it should encompass the case
completely.
3. <
a. This should state the problem(s) that the company in the case
encountered and what the ramifications are.
4. <
a. This should be a solution that applies some key model or concept
proposed in the units prior to the case.
5. <
a. This is a summarization of what an outside reader can take away from
having read your analysis.
b. It should include the reasons why the solution works for the case
company. It should also include generalized applications that the reader can take away to apply to business situations they may encounter.
Customer is requesting that (WhiteLaw) completes this order.
This is a foreign exchange project . The focus of this research is on the Euro currency. I have already finish the bulk of the research and would like this section of my research to cover the subtopics below. I would like to implement tables or graphs that support the sections that demonstrates relationships (7,8 subtopic numbers) in these findings. I would like for the graphs/table to take only a portion of the page- dont need a full page. for example, the paragraph before the table/graph.
The goal of this research is to provide a subjective assesment of the Euro countries that have adopted this currency.
7. Interest rates ? historical
8. Any relationship between interest rates and value of the currency
9. Any relationship between balance of trade and value of the currency
4. Labor force ? its sophistication and availability
Also, I would like for this research to demonstrate the capabilites that the Countries have in attracting foreign capital, investments and ultimately the value of money.
Read about the worlds major foreign exchange markets (London, New York, Tokyo, and Singapore) and read about the history of the gold standard. Because fluctuating currency rates are an important aspect of international dealings, knowing how foreign exchange markets function will help ensure your success in the international business market.
? Consider the following scenario: You have been asked by a local college to write a lecture that explains the gold standard and addresses the functions of the worlds major foreign exchange markets.
? Write a 1200 word summary detailing the functions of the worlds major foreign currency exchange markets. Be sure to discuss the positive and negative aspects of using a gold standard.
? Use at least 3 sources.
? Format your paper following APA guidelines.
There are faxes for this order.
A report/essay re: chapter 17, multinational companies. please select one of the following topic to research and write about: Multinational versus domestic financial management or exchange rates and international trade or the international monetary system and exchange rate policies or trading in foreign exchange or the european monetary union or the interest rate parity/purchasing power parity or international capital structures. the book is titled Corporate Finance, 4th ed by M. Ehrhardt and E. Brigham.
Please have christiew prepare the report. Thanks.
Explore methods by which governments intervene in the foreign exchange markets to benefit their economies. Find at least five uniques sources that support your research. Also, be sure to distinguish between direct and indirect methods of intervention and provide several "real-world" examples of intervention and the results.
Explore methods by which governments intervene in the foreign exchange markets to benefit their economies.
Find at least five unique resources that support your research. Also, be sure to distinguish between direct and indirect methods of intervention and provide several real-world examples of intervention (and the results).
Review articles and sources with specific questions in mind (i.e., Does this article support my topic? How does this article apply to my topic? How am I going to use the details of this article in my paper?).
The Research Paper must meet the following requirements:
Be at least 500 words in length (not including the title page and references page)
Include at least five peer-reviewed articles
Use APA Style
Format your Research Paper using APA style. Use your own words, and include citations and references as needed to avoid plagiarism.
There are faxes for this order.
Multinational corporations need to carefully plan for various risks, including currency risks and the threat of currency crisis in the international market. The currency crisis in Asia was devastating for many corporations. Therefore, it is important for the multinational corporations to prepare themselves for the currency crisis in the global market.
To complete the Module 2 Case Assignment, please choose FedEx Corporation (http://fedex.com ; http://www.fedex.com/us/investorrelations/financialinfo/goals/) that is listed and traded on the New York Stock Exchange (NYSE: Symbol - FDX).
Read the information in the background material, look for more information, and then write a 3 to 4 page paper answering the following questions:
To what extent can exchange rate risks impact on the business operations of the FedEx Corporation? Please explain your reasoning.
Are there any options that the financial managers of the FedEx Corporation can use to manage exchange rate risk?
Are there any advantages and disadvantages of the different exchange rate risk management options that you suggested to the financial managers of the FedEx Corporation?
Case Assignment Expectations:
In Module 2 Case Assignment, you are expected to:
?Describe the purpose of the paper and conclusion.
?Answer the case assignment questions clearly and provide necessary details.
?Provide a quality argument; that is, no poor sentence structure, no spelling and grammar mistakes or run-on sentences.
?Provide citations to support your argument and references on a separate page. Please use APA format to provide citations and references http://owl.english.purdue.edu/owl/resource/560/01/ or click Student Guide to Writing a High Quality Academic Paper.
?Answer all the case assignment questions in an essay format instead of point format. Please do not type questions in the paper.
?Type and double space the paper.
Grading Rubric: Click here.
Case Assignment Readings:
BNET Editorial (2010). Assessing exchange rate risk. Retrieved from http://www.bnet.com/article/assessing-exchange-rate-risk/68748 ; www.stern.nyu.edu/~igiddy/fxrisk.htm
Fisme.org (2007). Impact of exchange rate fluctuations: options for SMEs. Retrieved from http://fisme.org.in/document/Exchange%20Rate%20Fluctuations.pdf
Bleakley, F. (1997). How U.S. firm copes with Asia crisis -- Avon move to protect again. Wall Street Journal (Eastern Edition), New York. Retrieved from library portal via coursenet.
Abor, J. (2005). Managing foreign exchange risk among Ghanaian firms. Journal of Risk Finance, 6(4), 306-318. Retrieved from library portal via coursenet. [Read Pages: 308 to 310]
Grady, G. (2010). Foreign exchange risk management methods. Retrieved from http://ezinearticles.com/?Foreign-Exchange-Risk-Management-Methods&id=3047383
Papaioannou, M. (2006). Exchange rate risk measurement and management: Issues and approaches for firms. International Monetary Fund, 1-22. Retrieved from http://www.imf.org/external/pubs/ft/wp/2006/wp06255.pdf
June imports fresh flowers from Europe, packages them in Singapore and exports them to Australia. She is concerned about the recent fluctuations of the euro (EUR) and the Australian dollar (AUD), and at the same time, wonders if she can profit from the foreign exchange market movements by investing her personal money.
(a) June has a 60-day credit period with her supplier and gives her customers a 30-day credit period. Assuming that the euro is on a depreciating trend and the Australian dollar, an appreciating trend, explain if Daisy is likely to be better off or worse off.
(3 marks)
(b) June would prefer to focus her attention on her business and not be too concerned about the movement of the euro and Australian dollar. Describe two applicable hedging strategies that you could suggest to Daisy to hedge against the movement of both currencies.
(8 marks)
(c) June has been advised that the Australian dollar is set to appreciate and that she should open an AUD fixed deposit account paying 5% annually. She does however remember that you have explained the interest rate parity (IRP) theory to her and that she should consider it before making an investment in a foreign currency. Explain the key points of the IRP.
(5 marks)
(d) Currently, the SGD fixed deposit rate is 3% and the AUD fixed deposit rate is 5%. If the IRP holds, explain what will happen to the future SGD/AUD exchange rate.
(3 marks)
(e) June decided to open an AUD Fixed Deposit. She also decided to go to Sydney for a holiday. Using the Purchasing Power Parity and current exchange rate of SGD1.214/AUD, if inflation in Singapore is 4% and Australia is 7%, calculate and explain what is expected to happen to the Australian dollar?
(6 marks)
Section 4: Effects of Foreign Exchange Translation and Exposure (2pages)
Required Reading:
Chapters 10, 11, 12 in the primary textbook
Assignment 6 Foreign Exchange
Compose a Reading Summary for the following question/prompt:
Analyze the effects of foreign exchange translation and the impacts of country exposure.
Your Reading Summary should be a minimum of 500 words and include the following sections in APA format:
The question/prompt as listed above
Review of subject
Discussion
Conclusions
References
The references should be not more than 10 years old.
My writer needs the user name, password and URL that I had provided earlier to complete my International economics class assignment. The username is [email protected] and the password is either kodipo or kodipo10.
PLEASE FOLLOW ALL DIRECTIONS AND MAKE SURE EACH POINT IS ADDRESSED
Use the Internet to research a U.S.-based MNE (MULTINATIONAL ENTERPRISE) for whom you would like to work (or for whom you currently work). Research a foreign country (excluding Canada) where the MNE does not currently have a presence, but is suitable for FDI (FOREIGN DIRECT INVESTMENT.
Write a 7 page paper in which you:
Briefly describe the MNE you selected (who they are and what they do.)
Analyze the challenges and advantages of FDI for the MNE in the country you selected.
Determine the best way for your MNE to minimize foreign exchange risks.
Determine how your MNE could leverage government policies to maximize the profitability of FDI.
Analyze the financial management, operations, marketing, and human resources needs resulting from the proposed FDI and outline a strategy for one area.
Note: Wikipedia and other Websites do not quality as academic resources.
MAKE SURE TO BE SPECIFIC
Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the students name, the professors name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
Analyze the challenges and advantages of foreign direct investment.
Analyze the strategies companies use to minimize risk in the foreign exchange markets.
Critically evaluate the role of the IMF, the World Bank Group, and government policies in fostering trade and economic development.
Formulate supporting financial management, operations/production, marketing, and human resource management strategies to conduct international operations.
Use technology and information resources to research issues in international business environment.
Write clearly and concisely about international business environment using proper writing mechanics.
International Corporate Exposure Management Project
This assignment will give you an opportunity to study a company?s international economic risk exposures.
You will need to collect specific data about the company?s currency operations and the extent to which they are exposed to specific foreign currencies. You will also have to collect information about the extent to which the company hedges their FX exposure. To complete the Assignment you need to collect data on a company?s cash flows, earnings, stock prices, or other measures of performance. You should choose a company with a large "obvious" FX exposure.
Reference material for your analysis may include, but is not necessarily limited to: (1) Disclosure data (e.g., Annual Reports and 10K data), (2) Moody's Handbook of Common Stocks, (3) Standard and Poor's Stock Reports ,(4) Standard and Poor's Industry Surveys, (5) Standard and Poor's Outlook, and (6) Value Line Investment Survey).
In each section,
? Define
o Introduce the topic/section and tell the reader what will be done
o Communicate clearly the key concepts and methods that will be covered. You will have trade-offs in writing at a high level (technical expertise) and communicating to a novice (non-expert)
? Discuss
o Why is this important (why do I care)? What will be learned from this section?
? Analyze
o Non-quantitative Sections ? Develop logical arguments in order to interpret the results/models you have employed
o Quantitative Sections ? Present summary tables; discuss results (numbers have meaning)
? Draw Conclusions
1. General Economic Analysis
?This section should develop a discussion of the current state of the economy relative to real and nominal GDP, inflation, interest rates (short and long-term), corporate profits, disposable income, etc., as well as a discussion of those economic factors that could affect the supply and demand of the product/service of your company (e.g., labor, capital investment, material costs). This section should present the recent history for these variables and also include your outlook for these factors. Your economic analysis should be used, in part, to support your valuation of the stock and your final recommendation. For example, if you are very negative on the economy?s future, you are probably less likely to recommend the stock of a cyclical company. This section should reflect your opinion relative to what you have read. You should discuss how you have reached your opinion.
2. Industry Analysis
?The past and potential profitability of a company is related to the past and potential profitability of the industry as a whole. The industry analysis should take into account the competition among the companies within the industry, relative power of suppliers and customers, potential for entry by competitors, international aspects, regulatory concerns, and substitute products, to name a few of the factors for consideration. The analysis should consider the potential structural change that could take place in the industry, as well as the effects on the industry of the general economic trends discussed in the previous section. How you define ?industry? for your company is up to you.
3. Company Analysis
Give a brief overview of the firm, describing the firm?s product markets and/or industry (ies) in which it competes, and its stock performance over the past five years, focusing on any recent trends. Included should be a discussion of the company?s products/markets, industry and major competitors.
Qualitative Analysis: The potential profitability of a company is related to the quality of its management and the demand for its products/services. Consequently in this section, you will need to assess the abilities of management and include a detailed analysis of current and historical ratios of your company relative to the industry.
Quantitative Analysis: In this portion, you will make forecasts of the sales and profitability of the company. This information will be used to perform the valuation of the stock.
?This section should address answers to the following questions:
a. A description of the company?s products and/or services as well as the industry within which the company competes.
b. Which firms are major competitors for your firm and how does your firm rank within its industry vis a vis its competitors?
c. An outlook concerning the demand for the firm?s product.
d. An assessment of the firm?s recent earnings position as well as its financial position.
e. What has been the average annual growth rate in earnings per share over the past 10 years and the past 5 years (if available, or applicable, from Value Line)? What is the future estimated growth rate in earnings per share? Are there any special situations in the firm?s operations (either positive or negative) that warrant attention?
f. What is the current dividend yield? What has been the average annual growth rate in dividends per share over the past 10 years and the past 5 years (if available, or applicable, from Value Line)? What is the future estimated growth rate in dividends per share?
g. What has been the average annual growth rate in cash flow per share over the past 10 years and the past 5 years (if available, or applicable, from Value Line)? What is the future estimated growth rate in cash flow per share?
h. What has been the average annual growth rate in sales per share over the past 10 years and the past 5 years (if available, or applicable, from Value Line)? What is the future estimated growth rate in sales per share?
i. What is the current level of the debt ratio (debt/total assets)?
j. What is the Value Line?s projected 3-5 year forecast of the firm?s price per share and earnings per share?
k. How do these forecasted values compare with today?s price per share and earnings per share?
l. What is your qualitative impression of the capability of the firm?s management? Value Line?s assessment of the:
? Stock?s ?beta.?
? Performance, Safety and Technical numbers (e.g., 1, 2 ..., 5).
? What is the date of Value Line?s report?
m. If Value Line gives your stock a particularly low (e.g., 4 or 5) or high (e.g., 1 or 2) rating for either performance, safety, or technical why do you feel your stock deserves or does not deserve this (these) rating(s) at this time? What do you feel are the main strengths and/or weaknesses of your firm?
4. Management of International Economic Exposure
Does the company manage the relevant risks?
This section is based on your own analysis. You are supposed to make thorough analyses of the company and discuss what International economic risks you think the company is exposed to.
* Suggest variables that you think should be used when measuring the company?s exposures (i.e., you should discuss what specific exchange rates, interest rates and so on that you find important to your companies).
* According to your analyses, and based on what you consider the company?s risk attitude, time horizon, and view on purchasing power parity, Interest rate parity, and the expectations hypothesis to be, does the company manage their risks properly as compared to the strategies suggested in the literature?
* Risk: How risky (get stock prices and compute your company?s Beta) is your company versus the market or other firms in that industry?
* How does the company manage International economic exposures? Include financial reports, press releases, etc (external view) and any information you can discover about the firms internal view of itself regarding foreign exchange risk.
* Discuss the company?s awareness of their International economic exposure?s and the International & Macro-economic variables they consider important, how they measure their exposure, and how they manage it.
* Discuss the structure of the exposure management programs in the company. How does the company motivate their choice of exposure management program? Have there been any changes in the way the company manages their exposures during the period under study? If so, why?
* Analyze the company?s currency risk exposure.
* Analyze the company's exposure to foreign markets, the economic conditions and prospects in the various markets, and its risk management techniques.
* What are the managers? risk attitude, time horizon, and view on purchasing power parity, interest rate parity, and the expectations hypothesis?
* What level of information does the firm provide in their annual report regarding the variables they consider themselves to be exposed to, the measures they use when assessing exposure, and the strategies they follow when managing the exposure? Do they 1) provide no information on variables, measures, and/or strategies, 2) general information (e.g. ?we are exposed to exchange rates?), 3) partial information (e.g. ?we are, among other variables, exposed to the exchange rate?), or 4) other information? How do you support your conclusion?
5. Analysts? View
* The section should be based on analysts? reports in e.g. financial magazines, other publications, or interviews. You are supposed to discuss how analysts judge the exposure management programs of the companies, and what macroeconomic risks analysts think the companies are exposed to.
* Discuss degree of internationalization of operations and how vulnerable the firm might be to governmental changes here and abroad. What about natural disasters, political unrest, union actions, social issues (only with respect to operations)?
* Obtain a copy of either Value Line, Standard and Poor?s, or similar report on your company. Copy either the Management?s Outlook from the 10K or the President/CEO?s Letter from the Annual Report. Compare/contrast the Management?s opinion of the company with the Value Line or S&P. Management?s view of the future and Value Line?s or S&P?s view may differ substantially.
6. Scenario analysis
Perform a scenario analysis for your company.
Value the firm under three different scenarios:
a) Best scenario (maximum stock price if all goes well)
b) Worst scenario (lowest stock price if all goes against the firm?s interest)
c) Most likely scenario ? this is your best estimate of the equity value
d) Interpretation of the scenarios.
Give your opinion on how you think the ongoing political situation in America, Europe and Asia will affect the company. Discuss the level of financial integration among relevant countries and its importance for the corporate exposure to the current economic situation.
7. Summary
Discuss to what extent the company is exposed to different risks, according to the companies themselves, according to analysts, and according to yourselves. How would you suggest the company should change their exposure management programs (in terms of management strategy, information requirements, etc)? The report should describe the selected company's industry, global competition, and its foreign operations. This report should develop hedging recommendations for this company based on how your exchange rate forecast will influence its operating and financial flows. These recommendations should cover the finance, marketing, production, and other appropriate areas.
Imagine that you are a senior business manager for a U.S. based
multinational company. You have been informed by your supervisor that your Company needs to consider expanding into a new international market to seek new opportunties.
To get stared, you must decide the following:
?Select a publicly-traded Multinational Corporation (MNC) with which you are familiar.
?Select a new international market and a country this company currently has not explored and should consider.
Write a 6-8 page paper in which you:
1. Analyze how each of the three major dimensions of international
finance an affect your possible venture of your MNC in your chosen new
international market, including potential opportunities and risks for each
dimension
2. Examine the economic trends and impact of globalization in the
chosen market and determine which of those emerging factors have potential or
disruption that could affect operations.
3. Assess whether the country you have chosen maintains a fixed or a
flexible exchange system and discus how this monetary system will affect your
MNC. Provide a strong rational for possible implications and drawbacks of the existing system.
4. Determine how the balance of payments will support the management
of your MNC and explain how deficits and surpluses found within the country you
have chosen can positively or negatively affect operations of your company.
5. Analyze how the foreign exchange market your company is
considering entering can impact international business operations. Examine key foreign market participants and provide recommendations of possible key financing opportunities for your MNC.
6. Use at least three (3) quality references. NOTE: Wikipedia and other Websites do not quality as academic resources.
Your assignment must follow these formatting requirements:
?
Be typed, double spaced, using Times New Roman font (size 12),
with one-inch margins on all sides; citations and reference must follow APA or school-specific format. Check with your professor for any additional instructions.
?Include a cover page containing the title of the assignment, the student?s
name, the professor?s name, the course title and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with the assignment are:
?Analyze the current trends and impact of globalization on
international financial management
?Assess the basic functioning of the current arrangements of
flexible exchange systems that dominate the international monetary system and explain the impact on business operations.
?Interpret the balance of payments accounts, and summarize key
information to support financial planning and the strategic management of
international business.
?Analyze the foreign exchange markets to anticipate fluctuations,
minimize the negative impact on international business operation and identify financing opportunities.
?Use technology and information resources issues in international
banking and finance.
?Write clearly and concisely about international banking and
finance using proper writing mechanics.
im requesting amber111 to write this paper if she is available
please use attached paper for reference. Must read it because this paper is an extension to that one
Determine the marketing mix specific to your selected global product or service and explain your choice of marketing mix. Prepare a marketing plan that addresses product modification, pricing, promotional programs, distribution channels, and e-business in your chosen country. Include market indicators and trends for your product or service.
? Prepare a financial overview for your global venture. Include a chart that represents the general budget for your global venture. Explain how your company deals with foreign exchange risk for your global operation.
? Identify potential domestic and international sources of financing for your global venture. Include at least two possible financial institutions within your chosen region.
Individual
International Trade and Finance Speech
Assume that you have been appointed as the Speaker of the House. You must deliver a speech about the current state of the U.S. macroeconomy to a number of amateur reporters who are unfamiliar with economics.
Prepare a 750- to 1,050-word speech in simple terms and concepts that focus on international trade and foreign exchange rates.
Integrate a summary of your answers to the following questions and cite external research to further justify your facts:
? What happens when there is a surplus of imports brought into the U.S.? Cite a specific example of a product with an import surplus, and the impact that has on the U.S. businesses and consumers involved.
? What are the effects of international trade to GDP, domestic markets and university students?
? How do government choices in regards to tariffs and quotas affect international relations and trade?
? What are foreign exchange rates? How are they determined?
? Why doesn?t the U.S. simply restrict all goods coming in from China? Why can?t the U.S. just minimize the amount of imports coming in from all other countries?
Research of Wal-Mart
Please list the questions first and then answer the question.
1. Determine whose rate of return (i.e., local or parent currency returns) Wal-Mart should use when evaluating foreign direct investment opportunities and justify the position.
2. Determine the role that accountants play in the managerial planning process for Wal-Mart and how their advice is likely being used.
3. Make one solid recommendation for how Wal-Mart can minimize its foreign exchange exposure. Explain the rationale behind your recommendation.
4. Determine if Wal-Mart would benefit more from a financial futures contract or a forward exchange contract. Explain your rationale.
Include four (4) external peer-reviewed sources
Please ensure that APA style is used.
Please adhered to the double spacing; do not have more than 2 spaces between paragraphs.
A follow up to paper # A2097530
Managing foreign exchange rate risks is very important. If you do not manage exchange rate risk proper way, it will have a negative impact on the rate of return on your investment in the foreign exchange market. Companies also face transaction risks from fluctuations in exchange rates between the various currencies in which they do business. The unfavorable exchange rate fluctuations may negatively impact company?s financial performance. Therefore, both the individual investors and the companies must consider hedging foreign exchange rate risk.
Read the information in the background material, look for more information, and then write a 2 to 3 pages paper answering the following questions:
1. What is the value of your $90,000 portfolio of your country's currency now?
2. Click here [http://www.oanda.com/convert/fxhistory] and collect the following information:
a) The daily currency values (how much currency you get for $1) for the last week,
b) The currency values for the last week of last year, and
c) The currency values for the last week of two years ago.
3. Give your opinions about whether or not a company doing business in your country should hedge their currency or not. This should be the longest part of this assignment.
Session Long Project (SLP) Expectations:
In Module 2 SLP, you are expected to:
?Describe the purpose of the paper and conclusion.
?Answer the SLP questions clearly and provide necessary details.
?Provide a quality argument; that is, no poor sentence structure, no spelling and grammar mistakes or run-on sentences.
?Provide citations to support your argument and references on a separate page. Please use APA format to provide citations and references http://owl.english.purdue.edu/owl/resource/560/01/ or click Student Guide to Writing a High Quality Academic Paper.
?Answer all the SLP questions in an essay format instead of point format. Please do not type questions in the paper.
?Type and double space the paper.
Grading Rubric: Click here.
SLP Readings:
Oanda.com (2010). OANDA, the Currency Site. Retrieved from http://www.oanda.com/convert/fxhistory
Nobile, J. (2010). Why Hedge Foreign Currency Risk? Retrieved from http://ezinearticles.com/?Why-Hedge-Foreign-Currency-Risk?&id=33036
BNET Editorial (2010). Assessing exchange rate risk. Retrieved from http://www.bnet.com/article/assessing-exchange-rate-risk/68748 ; www.stern.nyu.edu/~igiddy/fxrisk.htm
Ross, D. (2003). Treasury: corporate money - is hedging worth it? Accountancy, 131(1314), pg. 134. Retrieved from library portal via coursenet. [Read abstract]
Ross, D. (2002). Treasury: corporate money - TO HEDGE OR NOT TO HEDGE. Accountancy, 130(1311), pg. 1. Retrieved from library portal via coursenet. [Read abstract]
Soenen, L.A. (2010). Foreign exchange exposure management. Retrieved from http://alexandria.tue.nl/repository/freearticles/334449.pdf
Papaioannou, M. (2006). Exchange rate risk measurement and management: Issues and approaches for firms. International Monetary Fund, 1-22. Retrieved November, 2010, from http://www.imf.org/external/pubs/ft/wp/2006/wp06255.pdf
Financial markets are the forums in which buyers and sellers of financial assets such as stocks and bonds, and commodities such as grains, oil and gold, meet. Because there are uncertainties of outcome, organizations must develop strategies to manage the risk associated with it.
Write a paper of not more than 4 pages on business and financial risk, as follows:
Identify the major business and financial risks such as interest rate risk, foreign exchange risk, credit, commodity, and operational risks.
How do organizations measures risk and what global initiatives exist in financial risk management?
request for AWEST
Recently I ordered an outline for my research paper. The title of the paper is: UP OR DOWN? THE FVALUE OF THE DOLLAR. The outline went as follows:
Introduction
Statement of the Problem:
According to Michael Artis, Elizabeth Hennessy and Axel Weber (2000), capital losses can be caused by differential changes in the value of assets and liabilities, primarily exchange rate changes; these changes affect the value of a central bank's foreign exchange reserves. To date, exchange rate changes have only been a major problem for national central banks with very large foreign exchange reserves. The strength of the euro compared to the U.S. dollar has been growing in recent months, and economists are of mixed opinions about the impact on the valuation of the dollar as the European Union continues to gain economic momentum as it streamlines it trading practices.
Purpose of Study:
The purpose of this study will be to examine the historical basis for the valuation of the U.S. dollar, the impact of recent trends and initiatives including but not limited to the euro, and an analysis of how these factors will serve to affect the dollar's valuation in the future.
Scope of Study:
This study will examine a wide range of international currencies, with an emphasis on the world's leading economies besides the U.S. nd EU such as China, Japan, Korea and others, with a particular emphasis on how these currencies have tended to interact with the U.S. dollar over the years.
Overview of the Study:
This study will use an exploratory approach to review the relevant and peer-reviewed literature to develop fresh insights and theories concerning what can be expected as these increasingly powerful international valuation forces come to bear on the U.S. dollar in the future.
Works Cited:
Artis, Michael, Elizabeth Hennessy and Axel Weber (Eds). The Euro: A Challenge and Opportunity for Financial Markets. London: Routledge, 2000.
Harvey, Campbell R. (2004). Hypertextual Finance Glossary. Retrieved March 24, 2005 from http://www.duke.edu/~charvey/Classes/wpg/bfglosn.htm.
Luck, Mike, Rob Pocock and Mike Tricker (Eds.). Market Research in Health and Social Care. London: Routledge, 2000.
Included in the paper, I need one graph of some sort reffering to the topic. Also, you can cite sources like the WSJ, New York Times, etc... If there are any questions, feel free to contact me through e-mail or at (732)496-1580. Thanks.
Write a short essay on this topic to examine your understanding of the global financial markets.
How do central banks set base rate of interest? 900words
Describe foreign exchange markets based on monetary policy? 900 words
The differences btw international banking and domestic banking and in what ways are they different? 900 words
Individual
International Trade Simulation Complete the International Trade Simulation.
Write a 1,050- to 1,250-word report advising the President of Rodamia making recommendations for international trade. Address the following:
? List at least one advantage and one limitation of international trade you encountered in the simulation.
? Define absolute and comparative advantage in your own words.
? Explain how absolute and comparative advantages were used in your simulation.
? Describe the influences affecting foreign exchange rates.
? Provide specific trading suggestions for the hypothetical countries.
Format your report consistent with APA guidelines.
Post your assignment as an attachment.
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