长期证券的定价 一、不同的价值概念 二、债券定价 三、优先股定价 四、普通股定价 五、报酬率 (或收益率)

一、利率 二、单利 三、复利 四、贷款的分期偿还

一、商业环境 二、税收环境 三、金融环境

Working-Capital Management Current assets cash, marketable securities, inventory accounts receivable Long- Term Assets equipment, buildings, land Which earn higher rates of return? Which help avoid risk of illiquidity?

Corporate restructuring 1960s- Mergers of unrelated firms formed huge conglomerates 1980s-Investors purchased conglomerates and sold off the pieces as independent companies. 1990s- Strategic mergers of related firms to create synergies

International Business finance Exchange Rate: the price of one currency in terms of another

Innovations in Risk Management Futures contract a contract to buy or sell a stated commodity or financial claim at a specified price at some specified future time

供应链管理（PPT课件讲稿）Chapter 9 International issues in SCM

• Meaning of Risk Management • Objectives of Risk Management • Steps in the RM Process • Benefits of Risk Management • Personal RM • Corporate RM – ERM （FMEA）

Accounts receivable Management Size of Investment in Accounts Receivable Percent of credit sales to Total sales Level of sales Terms of sale Quality of customer Collection Efforts