I. Introduction 1 Multinational Capital Budgeting
  2 Multinational Cost of Capital and Capital Structure
  3 Real Assets vs. Financial Assets or Direct Foreign Investments vs. Capital or Portfolio Investment
II. Markets and Instruments 4 Money Markets
  5 Fixed-Income Capital Markets
  6 Equities
  7 Indexes
  8 Derivatives
  9 Countries
III. Portfolio Theory 10 Risk and Risk Aversion
  11 Diversifiing Between Products and Countries
  12 Portfolio Management
IV. Presentation of the results of the investments of the Baltic Sea Region Funds