𝔖 Bobbio Scriptorium
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Saving, investment, and capital mobility: A comment on Leachman—A reply

✍ Scribed by Lori L. Leachman


Book ID
105031662
Publisher
Springer US
Year
1994
Tongue
English
Weight
172 KB
Volume
5
Category
Article
ISSN
0923-7992

No coin nor oath required. For personal study only.


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Reply to “A comment on 'A hedging defici
✍ Don M. Chance 📂 Article 📅 2006 🏛 John Wiley and Sons 🌐 English ⚖ 90 KB

## Abstract Kawaller's argument that a perfect hedge is possible with eurodollar futures is limited to the notion of a perfect accounting hedge, whereby the time value of money is ignored. In addition, his attempt to show the importance of sizing the hedge merely introduces a change to the problem,