This volume is the third of a three-volume set designed for use in a course in applied international corporate finance for managers and executives. This volume’s issue is how managers should estimate cost of capital in international financial markets, perform cross-border valuation analyses, and make decisions about foreign investments. The volume contains a hypothetical case that ties the material together. The first volume reviews some basics of FX rates: Introduction to Foreign Exchange Rates, 2nd edition, Business Expert Press, 2016. The second volume deals with firm’s exposure to foreign exchange risk and how that risk can be managed with financial instruments: Applied International Finance I: Managing Foreign Exchange Risk, 2nd edition, Business Expert Press, 2017.