Jrme Kerviel was trying to use the discrepancy between the value of funds and their underlying components

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Jérôme Kerviel was trying to use the discrepancy between the value of funds and their underlying components in duplicating the funds. This led to a €4.9bn loss. Was this speculation, hedging or arbitrage?

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Corporate Finance Theory And Practice

ISBN: 9781119841623

6th Edition

Authors: Pascal Quiry, Yann Le Fur, Pierre Vernimmen

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Question Posted: Jul 29, 2024 10:00 AM

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Jrme Kerviel was trying to use the discrepancy between the value of funds and their underlying components

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Corporate Finance Theory And Practice

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