EXC3613 Risk Management with derivatives Geir Høidal Bjønnes geir.bjonnes@bi.no 1 Introduction • Learning objectives: 1. 2. 3. 4. What is a derivative? What is the role of Derivatives and Derivatives Markets Firms’ risk exposures Hedging price risk with derivatives • McDonald: Chapter 1 2 Example • Consider a farmer that grows wheat and is expecting to yield 10‚000 bushels of crop in 3 months. He is afraid that the price of wheat might drop at the period
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University of the Philippines Diliman Extension Program in Pampanga Claro M. Recto Highway‚ CSEZ‚ Pampanga A.Y 2013-2014 LABORATORY WORK # 2 THE BINOMIAL DISTRIBUTION Submitted by: Briones‚ Kristelle R. Mangrobang‚ Jonathane Submitted to: Prof. Ernesto Adorio January 2014 Description: Our instructor instructed to put tabulate the Binomial Distribution for various n given the values of p which are (0.1‚ 0.2‚ 0.3‚ 0.4‚ 0.5‚ 0.6‚ 0.7‚ 0.8 and 0
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Microsoft Word and Excel Does Microsoft word and Excel have the most features for students? Some people feel word is better than excel. Word is a basic program that allows‚ students the ability to type letters or essays and in excel you have to input data into spreadsheets‚ which can be more complicated to do than just typing an essay. Word is the word processing application that is used to compose documents like letter or essays where text formatting is very essential to provide a printable
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Excel Problems 1. The following time series represent the total population of the United States‚ in thousands‚ over the last 12 years. |Year |Population (in 000‚s) | |1991 |253‚493 | |1992 |256‚894 | |1993 |260‚255 | |1994 |263‚436 | |1995 |266‚557 | |1996 |269‚667 | |1997 |272‚912
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1 Risk Chapter and Its Management Multiple Choice 1. The major types of business risk include all of the following except: A price risk B diversification risk C pure risk D credit risk Answer: b Type: K 2. Credit risk is a. : the risk that a firms borrowers will not make promised payments. b. the risk that a firm will not be able to get credit from lenders c. the risk that a firm will not have sufficient funds to make payments to their creditors d. the risk due to changes in
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Excel Income Statement Exercise: Creating a multiple-page workbook and income statement model. In this Excel exercise you will create a simple Excel worksheet that will model a simple income statement. In future exercises you will enhance the worksheet by adding additional features. If you are unfamiliar with the features of Microsoft Excel‚ you should complete a Spreadsheets tutorial before beginning this exercise. To complete this exercise‚ you will create two Excel worksheets in an Excel
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Excel How to enable macros Excel 2000–2003‚ Excel 2007 & Excel 2010–2013 This resource also explains how to change the security settings for macros & ActiveX controls © Rupert Parsons 2013 Copyright Excel How To Enable Macros Copyright © 2013 Rupert Parsons This document is licensed under the Creative Commons Attribution Share Alike License version 3. You may copy‚ distribute and/or modify it under the conditions stipulated in the copyright licence. Click the link below to view the details of
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Short Info On Excel Solver Excel Solver is a tool to model and solve linear and nonlinear programming problems. To access it‚ open Excel‚ choose the tab “Data” and select “Solver” from the “Analysis” group. If it is not there‚ you have to install it‚ by clicking the “File” tab (or the Office button)‚ then “Options”‚ then “Add-Ins”‚ and then “Manage Add-Ins”. Check “Solver” there. To solve the model‚ you have to first program in on a spreadsheet. In the attached “excel-example.xls” we solve the linear
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op y CC-111-010 Do No tC BMW’s Foreign Exchange Risk Management This case was prepared by Professor Xu Bin and Dr. Liu Ying‚ Research Associate at CEIBS. The case was prepared as the basis for class discussion rather than to illustrate either effective or ineffective handling of an administrative situation. Copyright © 2011 by CEIBS (China Europe International Business School) No part of this publication may be reproduced‚ stored in a retrieval system‚ or transmitted in any form or by any means-electronic
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RISK IN VARIOUS FORMS FACE ALL KINDS OF BUSSINESS AND THEYCOME FROM VARIETY OF FACTORS. SOME FACTORS ARE CONTRLLABLE OTHERS ARE NOT CONTROLLABLE. USING EXAMPLES NAME AND DISCUSS TWO FACTORS FROM EACH CONTROLLABLE AND NON CONTROLLABLE FACTORS THAT COULD POSSSIBLY RESULT INTO RISK RISK Risk is often mapped to the probability of some event which is seen as undesirable. Usually the probability of that event and some assessment of its expected harm must be combined into a believable scenario (an outcome)
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