Stein, Jeremy C.; Usher, Stephen E.; LaGattuta, Daniel; … - In: Journal of Applied Corporate Finance 13 (2001) 4, pp. 100-109
Cashflow-at-Risk (C-FaR) is an attempt to create an analogue to Value at Risk (VaR) that can be used by non-financial firms to quantify various kinds of risk exposures, including interest rate, exchange rate, and commodity price risks. There are two basic ways to attack this problem. One is from...