which demonstrates that corporate strategy can be perceived as a portfolio of embedded and real options. We further argue …

, based on ever-changing positions in replicating portfolio, is referred to as a dynamic replication method. The second one is …

Hedging strategies represent basic instrument used toward eliminating financial risk. Increasing volatility of … select hedging strategies. Five basic hedging strategies ? delta hedging, minimum variance, minimum value at risk, maximum … portfolios consisting of risk assets (share, bond, commodity price, and exchange rate) and hedged assets (financial derivative …