Working Paper Series _______________________________________________________________________________________________________________________ National Centre of Competence in Research Financial Valuation and Risk Management Working Paper No. 75 Multi-Currency Quadratic Models: Theory and Evidence Markus Leippold Liuren Wu First version: February 2001 Current version: June 2003 This research has been carried out within the NCCR FINRISK project on “Conceptual Issues in Financial Risk Management”. ___________________________________________________________________________________________________________