INTERNATIONAL FINANCE
You are the newly appointed Director of Corporate Strategy for Scowcroft Private Clinic and one of your first objectives is to evaluate Johnson division’s proposal to expand into the cosmetic surgery market. You are aware that the Director of Finance does not support the initiative because of the low average accounting rate of return achieved over five years.
Johnson division has provided the following figures, which have been validated by the finance department.
International Finance – Autumn Semester 2021/22
Summarise the history of the exchange rate regime of a particular country;
Discuss three relationships that describe the behaviour of exchange rate (CIP,
PPP, IFE).
Estimate the PPP between a particular country and the US. (Students need to
collect monthly data for not less than 5 years to complete this part of the
essay).
Assessment criteria
Appropriate structure and consistency/logic
Good presentation
Reasoned argument and conclusion
Scope of research
Originality
Critical Analysis
