๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

INTERNATIONAL FUTURES AND POLICY

โœ Scribed by ROBERT E. CLUTE


Book ID
114762455
Publisher
John Wiley and Sons
Year
1984
Tongue
English
Weight
548 KB
Volume
3
Category
Article
ISSN
1541-132X

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This paper examines the optimal bidding and hedging decisions of a risk-averse firm that takes part in an international tender. The firm faces multiple sources of uncertainty: exchange rate risk, risk of an unsuccessful tender, and business risk. The firm is allowed to trade unbiased currency future