Description of the transaction and the transfer of risks that companies do business internationally face when exchange rates change. It also discusses how to measure and includes both types of exposure. Coating method is demonstrated by examples of the front cover, hedges money market hedges and options market. Other coating devices, such as swaps and wires and logs, are also presented. Explains how these risks are related to each other and that can be done to minimize the overall currency exposure. "Hide
on W. Carl Kester, Richard P. Miller 10 pages. Publication Date: September 16, 1987. Prod. #: 288017-PDF-ENG