PLEKHANOV RUSSIAN UNIVERSITY OF ECONOMICS INTERNATIONAL BUSINESS SCHOOL Case Study HEDGING CURRENCY RISKS at AIFS Risk Management Master’s Degree Students: Bostandzhyan Kristina Inarkaeva Lamara Kirpichnikova Mariya Starovoytov Stanislav Sysoev Alexander Supervisor: Yulia Finogeeva Moscow 2015 INTRODUCTION AND PROBLEM STATEMENT AIFS is an American based company which was found in the U.S. in 1964. There are two main divisions in the company: the College division‚ which offers
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Case Analysis – PORSCHE CANADA: SELLING WINTER DRIVING In this case will study the challenges of changing consumer perceptions in a long term‚ with a limited marketing budget‚ and how the marketing analysis can provide a best decision. About the company: Start the selling cars in 1948 with the “356” Its most popular car was the 911 2002: introduction of the Cayenee‚ sport car line Products in Canada (2008): Boxster and Cayman (entry-level‚ midengine -$55‚000) ‚ 911 (premier model - $120
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Porsche Cayenne Turbo S After so many high-powered SUV cars‚ Porsche has unveiled the latest Porsche Cayenne Turbo S. Even more prevailing that the previous versions. The Porsche Cayenne Turbo S is fastest and most luxurious SUV that the company has ever introduced. It features a twin-turbocharged 4.8-liter V8‚ but now possesses 562 horsepower and a massive 590 lb-ft of torque – a development over the prior versions. The vehicle uses Porsche’s eight-speed Tiptronic automatic gearbox that helps the
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Introduction Overview of the hedging techniques In the financial market‚ almost all of companies need to face the currency risk. In order to manage the currency risk‚ companies will use different hedging techniques‚ such as financial and operational hedging techniques. For example‚ money market‚ futures contracts‚ options and forwards contracts are commonly used by firms‚ as well as operational hedging techniques. All of 4 types of financial hedging techniques are short-term hedge. Money market
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Exchange Risk: Pricing and Hedging Exotic Instruments Foreign Exchange Risk: Pricing and Hedging Exotic Instruments Delia Pirnog1 Master of Advanced Studies in Finance Eidgen¨ssische Technische Hochschule / Universit¨t Z¨rich‚ o a u Schweiz Abstract This project discusses exotic instruments used in the Foreign Exchange(FX) markets. An overview of the most popular exotic derivatives is presented‚ followed by the pricing alternatives of these securities. Hedging methods using static replication
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Business Strategy 6 Competitive Positioning Prof. Dr. Bernd Venohr Berlin‚ May 2007 © 2 0 0 7 P ro f. Dr. B e rn d V e n o h r Agenda Introduction to Strategy 1 2 3 Course Overview and Strategy Concept Economics of Strategy Shareholder Value Business Strategy 4 5 6 External Environment Internal Environment Competitive Positioning Corporate Strategy 7 8 9 Diversification Mergers & Acquisitions Global Strategy Strategy Process 10 Organizational Structure
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Hogan Plc. Discussion You have receivables of AUD 28 million (to be paid in 3 months) You need to identify the most appropriate strategy to be used in hedging the transaction exposures. Choose between: i. Forward market hedge ii. Money market hedge iii. Options hedging Strategy 1: hedging using forward contract Because Hogan will receive AUD in 6-months‚ their concern is that they’ll have to convert the AUD to less USD. 1) Today‚ Hogan buys a forward contract to sell AUD (they’ll receive in 6 months)
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Middle East University Faculty of Business Administration Foreign Exchange volatility: Group hedging theory and Lebanese SMEs A Thesis Presented in Partial Fulfillment of the Requirements for the Degree Master of Business Administration By George Issa June 2014 FOREIGN EXCHANGE VOLATILITY: GROUP HEDGING THEORY AND LEBANESE SMEs A thesis presented in partial fulfillment of the requirements for the degree Master of Business Administration By: George Issa APPROVAL
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Introduction: Aspen is a software company which was established in 1982. The company mainly provides simulation solutions to process manufacturing companies. The main industry which the company focuses on is chemical processing. The entire idea began with the project of Advanced System for Process Engineering in MIT in 1976. This project was than acquired by Lawrence Evans whom founded Aspen. In a very short amount of time Aspen became a major player in the simulation part of the software industry
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Session 4 CASE Questions Innocents Abroad: Currencies and International Stock Returns The goal of this case is to help Sandra Meyer develop a presentation to address Henry Bosse’s concerns about international investments. The general idea is to demonstrate to Henry the benefits of international diversification‚ if any. To achieve this goal‚ you need to have a view on 1) the impact of foreign exchange (FX) rates on the return and risk of international investments‚ and 2) the impact of having
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