Sources and Types of Risk. Foreign Exchange Markets. Foreign Exchange Exposure. Techniques of Managing Forex Exposure. Tests of the Unbiased Forward Rate Theory. Economics of Swaps. Commidity Futures. Test of the Cost of Carry Theory. Time value of money: using Present Value; Future Value and Annuity tables. Capital Structure: a review of Miller & Modigliani Propositions and the Empirical Evidence. Asset Pricing Models: a brief review. Measurement of the Cost of Capital. Capital Budgeting: the Process and the Appraisal Techniques. Dividend policy: Theory and Empirical Evidence, Mergers, Acquisitions and corporate restructuring. Introduction to Fixed Income Securities. Credit risk and Credit Ratings.
