Question
FNCE90046 Use examples to explain the concepts of being unhedged, selectively (or partially hedged), fully hedged and over hedged. Why do firms generally hedge less
FNCE90046
Use examples to explain the concepts of being unhedged, selectively (or partially hedged), fully hedged and over hedged.
Why do firms generally hedge less than their full exposure? What does this say about their attitude to risk?
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Introduces Quantitative Finance
Authors: Paul Wilmott
2nd edition
470319585, 470319581, 978-0470319581
