Hedging Risk Objectives - Substantially all MNE's use hedging to mitigate risk. Public Company MNE's typically state in their Public disclosures (typically the Notes to their Financial Statements and Management's Discussion and Analysis, what their goals and objectives of Hedging Programs are.

For the following firms, collect samples of why each of them hedge . . . what do they say?

Then in your own words explain if you agree or disagree and why?

Companies:

Coca-Cola

Pepsi Cola

Nestle

Disney

Delta Airlines