• Explain multinational capital budgeting decisions—nature, difficulties and importance, data requirement, accounting for intangible benefits, cash flows at parent and subsidiary levels and expropriation and other political risks
• Discuss the computation of cost of capital for foreign investment projects
• Outline the adjusted present value approach to evaluation of foreign investment proposals
• Analyse the main components of multinational working capital management
• Examine the features of external commercial borrowings (ECBs) as s source of international finance in India
• Discuss another important source of international finance—Euro-issues
