In common-sense terms, explain why the profit-and-loss effects of a stack-androll hedge do not depend on the

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In common-sense terms, explain why the profit-and-loss effects of a stack-androll hedge do not depend on the direction of change in oil prices when hedge LO6 accounting is used.

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Risk Takers

ISBN: 978-1547416097

3rd Edition

Authors: John E E Marthinsen

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