国际财务管理（原书第8版）课件PPTEun_CH15_Accessible.pptx

International Financial ManagementEighth Edition;Chapter Outline;Focus on the Issues;EXHIBIT 15.1 U.S. Investment in Foreign Equities;International Correlation Structure and Risk Diversification;Domestic versus International Diversification;EXHIBIT 15.4 Summary Statistics of the Monthly Returns for 12 Major Stock Markets: 1980.1–2015.12 (all statistics in U.S.D.) (1 of 2);EXHIBIT 15.4 Summary Statistics of the Monthly Returns for 12 Major Stock Markets: 1980.1–2015.12 (all statistics in U.S.D.) (2 of 2);Optimal International Portfolio Selection;EXHIBIT 15.5 Selection of the Optimal International Portfolio;EXHIBIT 15.6 Composition of the Optimal International Portfolio by Investor’s Domicile (Holding Period: 1980–2015) (1 of 2);EXHIBIT 15.6 Composition of the Optimal International Portfolio by Investor’s Domicile (Holding Period: 1980–2015) (2 of 2);EXHIBIT 15.7 Gains from International Diversification by Investor’s Domicile (monthly returns: 1980–2015) (1 of 3);EXHIBIT 15.7 Gains from International Diversification by Investor’s Domicile (monthly returns: 1980–2015) (2 of 3);EXHIBIT 15.7 Gains from International Diversification by Investor’s Domicile (monthly returns: 1980–2015) (3 of 3);Effects of Changes in the Exchange Rate;Effects of Changes in the Exchange Rate: Equation;Effects of Changes in the Exchange Rate: Example;Effects of Changes in the Exchange Rate: Risk;Effects of Changes in the Exchange Rate: Risk Decomposition;International Bond Investment;EXHIBIT 15.8 Decomposition of the Variance of International Security Returns in U.S. Dollars (monthly data: 1990.1–2015.12) (1 of 2);EXHIBIT 15.8 Decomposition of the Variance of International Security Returns in U.S. Dollars (monthly data: 1990.1–2015.12) (2 of 2);EXHIBIT 15-9 Summary Statistics of the Monthly Returns to Bonds and the Composition of the Optimal International Bond Portfolio (in U.S. dollars, 1990.1–2015.12);International Mutual Funds: A Performance Evaluation;EXHIBIT 15.10 International Mutual Fu