| Chapter 1Currency Exchange Rates
 Text OutlineChapters 1 - 3 set out the foundation of exchange rates.
 Chapters 4 - 8 explore the various assets available for international investing.
 Chapters 9 -13 develop the techniques and perspective of global investment and portfolio management.
 Chapter One - OutlineIn this chapter we cover:
 currency exchange rate quotations (direct and indirect; spot and forward)
 cross-rate calculations
 nature of bid-ask quotes and spreads
 calculation of forward premiums/discounts on exchange rates.
 covered interest rate parity
 covered interest arbitrage
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