Transcription of SOLUTIONS TO EXERCISES
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SOLUTIONS TO EXERCISES
Princeton University Press . International Finance: Theory Into Practice by Piet Sercu SOLUTIONS TO EXERCISES . magnanimously prepared by Thi Ngoc Tuan Bui, Leuven SB&E. Marian Kane, KBC Bank Fang Liu, Cheung Kong Business School Thi Tuon Van Nguyen, Leuven SB&E. 15:01 on 8 March 2009. 15:01 on 8 March 2009 P. Sercu, SB&E. Foreword Writing the textook itself was an enormous task, over and above my regular work as a teacher, researcher, supervisor and administrator. Fortunately, as far as EXERCISES were concerned I could fall back to a large extent on the predecessor book, Sercu- Uppal's International Financial Markets and the Firm. For many of these, there were even typed-up SOLUTIONS extant, even though I must admit that much of the teacher's manual of that book was mysteriously lost. The bulk of the original work, fteen years ago, had been done by Marian Kane, who was accordingly listed as the 1995.
the past, by Swiss companies. • If the transactions relate to bonds, these need not be bonds newly issued by foreigners. The bonds bought by Swiss residents could also be old bondsincluding bonds originally issued abroad by Swiss companies. 3. A company in Philadelphia purchases machinery from a Canadian company
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