知到答案国际金融（英文版）智慧树答案_2022年

第五章

Optimal international portfolio is the ( ).
tangency of international security market line and international portfolio opportunity set
tangency of capital market line and domestic portfolio opportunity set
tangency of domestic capital market line and international capital market line
答案:tangency of international capital market line and international portfolio opportunity set
International investment usually does not involve ( ) risk.
political
currency
liquidityWhich of the following examples is least likely political risk.Which of the following techniques is not the discounted-cash-flow criterion used to make multinational capital budgeting decisions?From the perspective of the parent company, multinational capital budgeting involves the following complexities except ( ).Multinational capital budgeting is usually examined from two perspectives, including the viewpoint of the parent company and that of the host government.（ ）Payback periodrefers to number of years necessary for the future cash flows from the capital budgeting project to recoup its initial outlay.（ ）As far as the parent viewpoint analysis is concerned,the additional riskthat stems from itsforeignprojectscan be measured in at least two ways: adjustingthe discount rates or adjusting the life of the project.（ ）Certainty equivalent approach is a method of incorporating risk into international capital budgeting project by adjusting the future cash flows arising from it downward.（ ）Suspension option grants the multinational corporation an optional right to determine whether to shut down the international capital budgeting project.