The executive director of an independent non-profit foundation is thinking about whether to hedge his foundation's U.S. dollar exposure given the large swings in the Canadian dollar-U.S. dollar exchange rate. For the preceding four years, the waning U.S. dollar has contributed to deficit in the foundation's portfolio comparative to its peers.
PUBLICATION DATE: October 27, 2010 PRODUCT #: 910N30-HCB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING