#2. Dimensions of Capital.Global integration has given many firms access to new and cheaper sources of funds beyond those available in their home markets. What are the dimensions of a strategy to capture this lower cost and greater availability of capital?

#15Do multinational firms use relatively more or less debt than their domestic counterparts? Why?

#17 The "Riddle."What is the riddle?

International Diversification via Mutual Funds.All major mutual fund companies now offer a variety of internationally diversified mutual funds. The degree of international composition across funds, however, differs significantly. Use the Web sites listed, and others of interest, to

1. Distinguish between international funds, global funds, worldwide funds, and overseas funds
2. Determine how international funds have been performing, in U.S. dollar terms, relative to mutual funds offering purely domestic portfolios

Fidelity

www.fidelity.com

T. Rowe Price

www.troweprice.com

Merrill Lynch

www.ml.com

Kemper

www.kempercorporation.com

Chp.14

Three Keys to Global Equity.What are the three key elements related to raising equity capital in the global marketplace?

Bank Loans versus Securitized Debt.For multinational corporations, what is the advantage of securitized debt instruments sold on a market versus bank borrowing?

Eurobond versus Foreign Bonds.What is the difference between a eurobond and a foreign bond and why do two types of international bonds exist?

Global Equities.Bloomberg provides extensive coverage of the global equity markets 24 hours a day. Using the Bloomberg site listed here, note how different the performance indices are on the same equity markets at the same point in time all around the world.

Bloomberg

www.bloomberg.com/markets/stocks/world-indexes/