For undergraduate and graduate students enrolled in an international finance course.

Hodrick equips future business leaders with the analytical tools they need to make sound financial decisions in the face of a competitive global environment.

Real Data Analysis

The authors have incorporated the analysis of data in each relevant chapter, allowing students to learn how well or poorly current theories are supported by the data.

Extended Cases

Where relevant, the authors introduce and solve intricate cases that illustrate the application of theory.  These case solutions serve as templates for future analysis. 

Point-Counterpoint

These features raise issues that are contentious and not fully resolved or understood by the academic or practitioner.  Each story ends by summarizing the subtle, but state-of-the-art thinking on the issue.  Some examples include:

• “Are Speculative Trading Profits in the Foreign Exchange Market Excessive?” - Pg. 56
• “The Cost of Hedging” — Pg. 232
• “Financing Chocolate Globalization” — Pg. 416

Concept Boxes

Boxes are provided to serve two purposes throughout the text: 

• They contain concrete historical or current illustrations of important concepts introduced during the chapter.
• They explore and illustrate basic finance concepts that are used in the chapter.

Self-Contained Math and Statistics

The authors have included an appendix containing both mathematical and statistical material to various chapters in an effort to make the book accessible to students with limited financial backgrounds.

End-Of Chapter Questions

At the end of each chapter, a set of interesting questions and problems are presented, designed to help ensure students that they have mastered the chapter material.