Financial Management: Theory & Practice
16th Edition
ISBN: 9781337909730
Author: Brigham
Publisher: Cengage
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Chapter 23, Problem 5P
a.
Summary Introduction
Determine: The implied yield on future contract, the number of future loss needed hedge potential loss and the total value of hedge position.
b.
Summary Introduction
Determine: Proceeds from the new market rates and the loss on proceeds based on the original target for proceeds.
c.
Summary Introduction
Determine: New price of the hedge position, gain on hedge and net effect of the loss of proceeds and gain on hedge.
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Financial Management: Theory & Practice
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