CORPORATE FINANCE- ACCESS >C<
CORPORATE FINANCE- ACCESS >C<
12th Edition
ISBN: 9781307447248
Author: Ross
Publisher: MCG/CREATE
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Chapter 25, Problem 15CQ

Hedging Strategies William Santiago is interested in entering the import/export business. During a recent visit with his financial advisers, he said, "If we play the game right, this is the safest business in the world. By hedging all of our transactions in the foreign exchange futures market, we can eliminate all of our risk." Do you agree with Mr. Santiago's assessment of hedging'! Why or why not?

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