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论坛 金融投资论坛 六区 金融学(理论版)
1277 1
2009-10-17
Hey, who can kindly explain the sentences below:

1. "The asset that gives rise to the hedger's is sometimes different from the asset underlying the hedge. "

2. A company that does not hege can expect its profit margins to be roughly constant.


Thanks
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2009-10-17 22:57:58
neither is clearly stated. whoever wrote these is a poor writer. so forget about his book/paper.
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