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Donaldson, Jeff; Flagg, Donald – Research in Higher Education Journal, 2014
In a world of fluctuating asset prices, many firms find the need to hedge in order to avoid or reduce losses. From a gold miner selling gold derivatives to airlines buying oil futures to protect against rising fuel costs, hedging is common practice across many different industries. In this paper, we provide students with a simplified example of a…
Descriptors: Risk, Risk Assessment, Banking, Business Administration Education