hedging Second, the firm manages its capital structure through dividend distributions and investment. When leverage is low …

Using a large panel of UK public firms, we examine the relationship between the financial risk hedging and the cost of … is priced in investors’ expectations. While financial risk hedging serves as a vehicle for firms to alleviate cash flows … addition, we hypothesize and test whether the nature of relation between financial risk hedging and cost of equity capital …

declining mortality rates, in particular at unanticipated levels. Increasing the annuity loading rewarding the accepted …

pricing approaches. The Hull and White and CIR extended models are used to represent the evolution of mortality over time. We …