Time is a crucial resource that every business treasures and tries to change into a gain. When picking document management application, be aware of a clutterless and user-friendly interface that empowers customers. DocHub offers cutting-edge tools to improve your file managing and transforms your PDF file editing into a matter of a single click. Replace Amount Field into the Hedging Agreement with DocHub in order to save a ton of time and enhance your efficiency.
Make PDF file editing an easy and intuitive operation that will save you a lot of precious time. Easily adjust your documents and give them for signing without adopting third-party alternatives. Give attention to pertinent duties and enhance your file managing with DocHub starting 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