Describes the concept of exposure, and the dependence on the target indefinitely external event. Describes in detail how the hedges can be built to eliminate the impact, including algebra cross hedging and hedging relationship. Relevance of the regression analysis is discussed. Working example clarifies the text. "Hide
by David E. Bell 10 pages. Publication Date: July 22, 1985. Prod. #: 186036-PDF-ENG