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- W785307657 abstract "This paper evaluates the effects of fuel hedging strategies on the equity values of Class I railroads in the United States and Canada. The paper begins with a review of conceptual arguments for and against hedging, and then briefly reviews the empirical literature on the effects of hedging on shareholders. The third section presents data sources and an overview of the relation between energy prices and stock market returns. The fourth section presents the methodology and empirical results. The final section provides a summary and possible interpretation of the results." @default.
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- W785307657 date "1995-01-01" @default.
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- W785307657 title "EVALUATION OF FUEL HEDGING BY CLASS I RAILROADS" @default.
- W785307657 hasPublicationYear "1995" @default.
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