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Speculation and Hedging. E-book. Formato PDF
Paul H. Cootner
edizioni Forgotten Books collana , 2017
Hedging is usually defined by illustration. In the standard example, a buyer of (say) 5000 bushels of wheat at $2 bushel, fearful of the risk of price decline, simultaneously sells a futures contract representing 5000 bushels of wheat at $2. If the price subsequently drops to a bushel, the capital position of the buyer...