Time is a vital resource that every company treasures and attempts to convert in a benefit. When picking document management software program, focus on a clutterless and user-friendly interface that empowers consumers. DocHub delivers cutting-edge tools to optimize your file managing and transforms your PDF editing into a matter of a single click. Insert Cross from the Hedging Agreement with DocHub to save a lot of efforts and increase your efficiency.
Make PDF editing an simple and easy intuitive operation that saves you plenty of precious time. Quickly modify your files and send them for signing without looking at third-party options. Focus on pertinent tasks and improve your file managing with DocHub today.
hi this is David Harper Bionic turtle with an illustration of how we determine the number of futures contracts to use in a cross hedge Im going to use a classic example here imagine were an airline and we need to purchase jet fuel as part of our cost of doing business you may have noticed in the news recently that airlines that do not hedge against price increases in jet fuel if they are unhedged that can severely impact their profitability so if were that airline we want to hedge we want to use futures contracts probably the problem is that there is not a jet fuel futures contract that we can take a position in on a standardized exchange so if we want to use an exchange were going to have to go to a futures contract that is correlated to jet fuel but were going to call this a cross hedge because if we use for example heating oil futures theres going to be a correlation between heating oil and jet fuel but theyre not the same thing so its going to be imperfect hedge so were go