Hsu, Wei-Hsi; Liau, Yung-Shi; Yang, Jack J.W. - In: Global Journal of Business Research 4 (2010) 3, pp. 61-71
During the subprime mortgage crisis period, the New Century Financial Corporation was the biggest subprime mortgage lender in the United States and declared bankruptcy on April 2, 2007. This paper compared two types of hedge ratios--the hedge ratio before April 2, 2007 and the hedge ratio after...
