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- W1552289875 abstract "By using historical data on six currency combinations we show that the operational hedging techniques of risk sharing and currency collars can be as effective as forward contracts in reducing transaction exposure to foreign exchange risk. It is also shown that the effectiveness of these hedging techniques depends crucially on some parameters, specifically the upper and lower values of the exchange rate in the case of a currency collar and the range at which foreign currency cash flows are converted at the market rate in the case of a risk sharing arrangement." @default.
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- W1552289875 date "2003-01-01" @default.
- W1552289875 modified "2023-09-26" @default.
- W1552289875 title "Risk sharing arrangements and currency collars as an alternative to financial hedging of foreign exchange risk" @default.
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