Your CFO thinks that the value of your firm fluctuates enormously with the yendollar exchange rate, but

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Your CFO thinks that the value of your firm fluctuates enormously with the yen–dollar exchange rate, but he does not want to hedge because he thinks it is an impossible risk to hedge. Can you convince him otherwise?

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International Financial Management

ISBN: 978-0132162760

2nd edition

Authors: Geert Bekaert, Robert J. Hodrick

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