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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rentals were done and eventually became the leader of movie rental industry while Blockbuster and many other companies eventually became bankrupt. Netflix’s story of success is also one of caution as Netflix realizes that they will continue to face many risks throughout their business cycle and if they don’t anticipate and/or respond correctly‚ they too could face the same result as Blockbuster. As of December 31‚ 2009‚ Netflix served approximately 12 million subscribers. Currently‚ Netflix claims on its
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Case Critique: Tesco Supermarkets Ltd. v Nattrass [1972] A.C. 153 The Case of Tesco Supermarket Ltd v Natrass is a well-known case based on the Trade Description Act (1968). The case was about a well-known supermarket firm (Tesco Ltd) and a customer‚ Mr. Coane an old pensioner. Tesco had a special offer for the sale of Radian washing powder‚ which was advertised on posters displayed in stores. The normal price of the product was 3s 11d and they were selling it for 2s 11d. Miss Rogers‚ shop assistance
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Management Chosen Retailing companies to be evaluated: Tesco and Wal-Mart Introduction Why e decided to choose Wal-Mart and Tesco? Market leaders in their respective home markets‚ Diversified range of products‚ Intense international expansion. Wal-Mart: The Statistics at present: Type of Company: Public Employees: 2‚100‚000 Employee growth: 10.5% First store opened in 1962 by Samuel Walton and his brother J.L. (Bud) Walton in Roger‚ Arkansas. With more than 7‚250 stores‚ including Wal-Mart
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August 2012 IMPLEMENTING THE PLAN – INVESTING IN A BETTER TESCO Financial headlines: Group sales up 1.4% to £36.0bn* (up 3.2% at constant rates); Group sales exc. petrol up 1.6% (up 3.7% at constant rates) Statutory profit before tax down (11.6)% to £1.7bn; Underlying profit before tax down (8.5)% to £1.8bn Group trading profit of £1.6bn‚ down (10.5)% – UK down (12.4)% to £1.1bn; International down (17.1)% to £0.4bn; Tesco Bank up 114% to £94m Underlying diluted EPS reduction
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Negligence and Assumption of Risk Issue: Are store and Vinny liable for Maria’s injury that was occurred in the store? Rules: Business owners and operators owe a DUTY OF CARE to their patrons – those whom they invite onto their premises. If a customer is harmed or injured by the dangerous condition‚ the business operator will normally be liable for damages for the tort of NEGLIGENCE. ASSUMPTION OF RISK – A plaintiff who voluntary enters into a risky situation‚ knowing the risk involved‚ will not be
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Introduction: In this experiment‚ the investigators have attempted to solve the questions of‚ “How polluted is U-High’s stream?” and‚ “How can water quality be measured?” They initially believed the creek to be of good quality. Many organisms within the water rely on dissolved oxygen‚ including fish‚ macroinvertebrates‚ and oxygen. Fish and macroinvertebrates use dissolved oxygen to breathe through their gills and bacteria relies on dissolved oxygen to decompose dead organisms. Dissolved oxygen is
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PESTLE analysis of Tesco and Coca Cola Tax policies: Tesco has to make sure that they are paying their taxes and making sure that their staffs are also paying their taxes. Trade restrictions: Tesco also have to make sure that they adhering to any trade restrictions in place in the United Kingdom. Economic climate: Because of the economic climate Tesco could be struggling to give out jobs to people which means less stores across the UK and even stores having the possibility of being closed down to
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[pic] [pic] Nama : Hasbul Rizuan B Ismail @ Abu Hassan Class : 404 College no. : 10683 Due date : 6 January 2011 [pic] |Title |Page | |Synopsis |3 | |Chapter 1: At the Doctor’s
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RISK COMMUNICATION PLAN RIVM 2012/6/5 ICM 2 Yunting Huang 10028501 Qian Ma 09094377 Qian Cai 10005056 Table of content Background information 2 Situation analysis 4 Stakeholder analysis 6 Communication Strategies 8 Conclusion 12 References 13 Background information The risk communication team is consisting of three members working for RIVM in this case. We are Yunting Huang‚ Qian Ma and Qian Cai. First of all‚ RIVM‚ the organization which we work for is National
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