Hawes, Cullen R.; Wilson, William W.; Dahl, Bruce L. - Department of Agribusiness and Applied Economics, North … - 2005
effect of foreign exchange risk. In each case, different hedging instruments were considered for use in various hedging … VaR estimates are used to quantify the price risk associated with different hedging strategies. While risk reduction is … the primary reason for hedging, it is not the only aspect that management must consider. Numerous other aspects enter into …