INTERNATIONAL FINANCE (Port Arthur Timber Company)

Jun 21st, 2015
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Mr. Zaven Demarchek, president of Port Arthur Timber Company (Canada) was approached and proposed by Cascamon – Industrial S.A, a Brazilian Company for a joint venture. The proposal stated that PATCO should provide Cascamon with milling equipments costing around 13,393,596 Real which is approximately around 7,250,756 Canadian dollars

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MSc in International Business7BSP1091:International FinanceModule Leader: Edward Kerr Topic:Foreign Exchange Market Efficiency and Forward Rate Unbiased Predictor of Future Spot RatePrepared by:Charles Coker 102509662012 Table of Content1.0 Introduction..32.0 Foreign Exchange Market Efficiency............ 42.1Theory of Market efficiency43.0 Interest rates parity ..74.0 Unbiased Expectation Theory .75.0 International Fisher Effect ...96.0 Purchasing Power parity (PPP) and Empiricism 107.0 Conclusion.118.0 References..121.0IntroductionOver the past few years, the relationship between forward and spot rates in foreign exchange has been of signif

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