Chapter 1 Careers in Finance 1
New Words and Expressions 9
Notes 9
Exercises 10
Reading Materials:Careers in Corporate Finance 12
Chapter 2 Money and Banks 17
New Words and Expressions 23
Notes 24
Exercises 25
Reading Materials:Deposit Insurance and Bank Failures 27
Seigniorage 29
Chapter 3 Interest Rate and Exchange Rate 33
New Words and Expressions 41
Notes 42
Exercises 42
Reading Materials:Factors Affecting Interest Rate Policy 45
The Need for Currency Exchange 48
Chapter 4 Money Market 50
New Words and Expressions 57
Notes 57
Exercises 58
Reading Materials:Money Management 61
Chapter 5 Business Financing 68
Notes 78
New Words and Expressions 78
Exercises 81
Reading Materials:Financing Through Franchising 83
Chapter 6 Financial Statements 87
New Words and Expressions 97
Notes 99
Exercises 99
Reading Materials:Cash Flow Statement 102
Chapter 7 Central Banks:The Federal Reserve System 107
New Words and Expressions 117
Exercises 118
Notes 118
Reading Materials:Foreign Central Banks 121
Chapter 8 Bank for International Settlement 125
New Words and Expressions 139
Notes 140
Exercises 141
Reading Materials:Changes in the World's Financial Markets in the Last 30 Years and Its Implications for the Future 143
Chapter 9 The World Bank 146
New Words and Expressions 161
Notes 162
Exercises 163
Reading Materials:What is theWorld Bank? 165
Chapter 10 The Asian Development Bank 169
New Words and Expressions 178
Notes 179
Exercises 179
Reading Materials:Accelerating Agriculture and Rural Development for Inclusive Growth Policy Implications for Developing Asia 182
Chapter 11 The International Monetary Fund 188
New Words and Expressions 197
Notes 198
Exercises 199
Reading Materials:World Economic Growth Stronger than Projected:IMF 201
Chapter 12 The Foreign Exchange Market 205
Notes 215
New Words and Expressions 215
Exercises 216
Reading Materials:Foreign Exchange Spreads 218
Chapter 13 Securities and Exchange Commission 224
New Words and Expressions 237
Notes 237
Exercises 238
Reading Materials:China Securities Regulatory Commission(CSRC) 240
Chapter 14 Investments 246
New Words and Expressions 254
Notes 255
Exercises 257
Reading Materials:Investing 260
Chapter 15 Bond Basics 264
New Words and Expressions 273
Notes 274
Exercises 275
Reading Materials:Retail Notes Make Bond Investing Easier 277
Chapter 16 Mutual Funds 285
New Words and Expressions 297
Notes 297
Exercises 298
Reading Materials:The Truth Behind Mutual Fund Returns 301
Chapter 17 Futures Markets 304
New Words and Expressions 316
Notes 317
Exercises 319
Reading Materials:Options Basics 321
Chapter 18 Insurance 330
New Words and Expressions 337
Notes 338
Exercises 339
Reading Materials:Insight into Insurance Scoring 341
Medicaid Versus LTC Insurance 345
References 350