Discuss the reasons why a firm should hedge. If a firm uses futures contracts to construct a hedge, what particular concerns should the firm address?

Answers

Answer 1

Hedging helps firms manage risk and improve financial stability. When using futures contracts for hedging, firms need to consider contract maturity, basis risk, and counterparty risk to ensure the successful implementation of their hedging strategies.

Hedging is an important risk management strategy for firms to mitigate exposure to various types of financial risks. There are several reasons why a firm should hedge:

1. Risk Reduction: Hedging helps reduce the volatility and uncertainty associated with fluctuations in commodity prices, foreign exchange rates, interest rates, or other market variables. By hedging, a firm can lock in favorable prices, reduce the impact of adverse market movements, and stabilize its cash flows.

2. Financial Stability: Hedging can contribute to the overall financial stability of a firm. By managing risks effectively, a firm can avoid potential losses that could negatively impact its profitability, liquidity, or even solvency. It provides a level of protection against adverse market conditions or unexpected events.

3. Planning and Budgeting: Hedging allows firms to make more accurate financial projections and budgeting decisions. By hedging against price or rate fluctuations, firms can better estimate costs, revenues, and cash flows, enabling more effective strategic planning and resource allocation.

If a firm uses futures contracts to construct a hedge, there are specific concerns it should address:

1. Contract Maturity and Rollover: The firm needs to consider the maturity of the futures contracts and ensure they align with its hedging horizon. If the hedge extends beyond the contract's expiration, the firm must address the process of rolling over or closing out the existing contract and entering into new ones.

2. Basis Risk: The firm should be aware of the basis risk, which refers to the potential mismatch between the price movements of the futures contract and the underlying asset being hedged. It should carefully select the futures contract that closely correlates with its exposure to minimize basis risk.

3. Counterparty Risk: When using futures contracts, the firm faces counterparty risk, which arises from the possibility of the counterparty defaulting on its obligations. The firm should consider the creditworthiness and reputation of the exchange or clearinghouse where the futures contracts are traded.

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Related Questions

A corporation has 3000 shares, 10% preferred stock of $55.00 par preferred stock, and 6000 shares of common stock outstanding. The net income for the year is $300,000. Calculate earnings per share. (Round your answer to the nearest cent.)

Answers

Answer:

the earning per share is $47

Explanation:

The computation of the earning per share is shown below;

= (Net income - preference dividend) ÷ number of common stock outstanding

= ($300,000 - (3000 × $55 × 10%) ) ÷ 6,000 shares

= $47.25

= $47 per share

Hence the earning per share is $47

How is the profit - maximizing level of output determined in the monopoly ?

Answers

The same profit-maximizing condition that a perfectly competitive firm uses to calculate its equilibrium level of output is used to find the monopolist's profit-maximizing level of output by equating its marginal income with its marginal cost.

Monopoly is a cooperative board game with an economics theme. Players travel around the game board by rolling two dice in order to purchase, trade, and develop real estate, including homes and hotels. Players try to bankrupt their competitors by collecting rent from them. Tax squares, Chance cards, and Community Chest cards are additional methods to win or lose money. Each time a player passes a "Go" signal, they are rewarded. They can also be detained and prevented from being released unless one of three requirements is satisfied. There are house rules, numerous spin-offs, countless editions, and connected media. With local licenses in more than 103 nations and printing in more than 37 languages, Monopoly has been ingrained in global popular culture.

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Why would a business choose to be a private limited company?

Answers

Answer:

Stability due to Limited Liability: Private Limited Company has this feature of limited financial liability of all the shareholders. The liabilities are limited to their shares only. This feature protects the personal assets and income of shareholders at times of any financial crisis faced by the company.

cos of the limited liability of it's share holders.

easier to maintain

it's flexible Management structure

easier to raise capital

it's protection from creditors

What is a negative externality

Answers

Answer:

exists when a production or consumption of a product results in a coast of third party

For economics class the answer is : Negative externalities occur when the social cost of a good or service is higher than the private cost.

:)

Explain searching and indexing in the context of an Intranet.

Answers

Searching and indexing are integral components of an Intranet that enable users to navigate and retrieve relevant information efficiently, enhancing productivity and collaboration within the organization.

Searching and indexing are crucial components of an Intranet, which is a private network used by organizations to share information and resources among its members. Searching refers to the process of finding specific information within the Intranet system. It involves querying the Intranet's database or repository for relevant content based on keywords or specific criteria provided by the user.

Indexing is the process of organizing and categorizing the content within the Intranet. It involves creating an index, which is essentially a structured database or catalog that maps the content and its metadata. The index facilitates efficient search by storing information about the content, such as titles, keywords, authors, and dates.

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Productivity in the service sector is difficult to measure because new technology adds to ___ but not necessarily the ___ of the service produced.

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Quality and quantity/output/productivity  are the necessary and not necessarily components .Productivity in the service sector is difficult to measure .

Productivity in the service sector is difficult to measure because new technology adds to quality but not necessarily the productivity of the service produced.

Productivity is a measure of economic performance that compares the amount of goods which quality is necessary.

Productivity is commonly measured in output per worker or output per worker per hour. For a manufacturing company, a measure of productivity might be the number or value of the finished products each worker can produce within a given time.

A good productivity percentage is somewhere between 70-75%. This means that employees spend 70% or more of their time working and 25% or less of their time taking breaks.

The four key types of productivity measures are capital productivity, material productivity, labor productivity, and total factor productivity.

A property that is measured [e.g. mass, length, time, volume, pressure]. Unit: A standard quantity against which a quantity is measured .

Productivity is generally more difficult to improve in the service sector than in the manufacturing sector. Customer interaction is often high for manufacturing processes, but low for services.

A quantity is an amount that you can measure or count.

Technology is the application of scientific knowledge to the practical aims of human life or, as it is sometimes phrased, to the change and manipulation of the human environment.

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Your company must reduce its electronic waste by 10 percent in the next year. What can the company do to meet this goals?.

Answers

Based on the information given what the company can do to meet this goals is to: Make use of sleep modes and other power management features for computers and other electronic devices.

What is sleep modes?

Sleep modes can be defined as the process of putting computer and devices in standby mode when they are not in use or when inactive.

Based on the information given making use of sleep modes and power management features will help to reduce electronic power consumption which inturn will make it possible for the company to achieve their goals of reducing electronic waste by 10 percent in the next year.

Inconclusion what the company can do to meet this goals is to: Make use of sleep modes and other power management features for computers and other electronic devices.

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An inverted u-shaped relationship between the type of diversification and overall firm performance indicates that:.

Answers

The type of diversification and overall company performance have an inverted U-shaped relationship, indicating that: a. levels of vertical integration and overall firm performance have an inverse association.

Which statement best illustrates the relationship between three different
elements of the circular flow of products?
A. Product markets offer labor to businesses, which creates jobs for
households.
B. Resource markets sell goods to product markets, which sell the
goods to businesses
C. Households pay wages to businesses, which can then set up
product markets.
D. Businesses create goods for product markets, which sell them
directly to households.

Answers

Answer: is D

Explanation:

The statement, businesses create goods for product markets, which sell them directly to households, is best illustrates the relationship between three different elements of the circular flow of products.

What is a circular flow?

The most popular version of this model displays the circular flow  of revenue between the consumer and business sectors. The product market and the resource market are placed between the two.

Consumer spending is the mechanism through which households' money flows to the market for goods and services when they are in need of them. The product market purchases goods and services from companies and sells them to households, making a profit.

As a result, option (d) is correct.

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Which department handles the task of finding vendors that will provide goods at the best prices?

Answers

Purchasing mangers or purchasing agents

Nico bought 100 shares of Cisco Systems stock for $24.00 per share on January 1, 2002. He received a dividend of $2.00 per share at the end of 2002 and $3.00 per share at the end of 2003. At the end of 2004, Nico collected a dividend of $4.00 per share and sold his stock for $18.00 per share. What was Nico's realized return during the three year holding period? What was Nico's compound annual rate of

Answers

Answer:

12.5%

Explanation:

It is given that :

Nico bought shares from Cisco Systems = 100 shares

The stock of 100 shares on 1st Jan 2002 = $ 24 per share

At the end of 2002, Nico received a dividend = $ 2 per share

At the end of 2003, Nico received a dividend = $ 3 per share

At the end of 2004, Nico received a dividend = $ 4 per share

Nico sold his stock = $ 18 per share

Therefore,

The holding period \($=\frac{(\text{dividend + end value - initial value })}{\text{initial value}}$\)

                                \($=\frac{(\$2+\$3+\$4)+\$18-\$24}{\$ \ 24}$\)

                                \($= 12.5 \%$\)

Jacob is looking to buy some car insurance and is reviewing different policies from several different agencies. The first policy he sees costs$750 for the upcoming year and is worth $10000 if he gets in a collision.After doing some research, he estimates that he has a 8% of getting in acar accident for that year. What is the expected value of buying this insurance policy

Answers

The expected value of buying this insurance policy is $50.

The expected value of buying the insurance policy is the weighted average of probabilities of the cost of the insurance and the cover if Jacob gets into an accident.

If Jacob gets into an accident and is covered, his payout will be:

= benefit - cost

= 10,000 - 750

= $9,250

The probability of this happening is 8%.

If Jacob does not get into an accident he would lose the $750 he paid in insurance premiums. The probability of this happening is:

= 100% - 8%

= 92%

The expected value of the insurance is:

= (probability of accident * payout if there is an accident) + (probability of no accident * payout if there is no accident)

= (8% * 9,250) + (92% * -750)

= $50

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a lottery offers you a choice of $1,000,000 per year for 25 years or a lump-sum payment. what lump-sum payment (rounded to the nearest dollar) would equal the annual payments if the current interest rate is 1.4% compounded annually?

Answers

The lump-sum payment that would equal the annual payments is $15,327,077 (rounded to the nearest dollar).

To find the lump-sum payment that would equal the annual payments, we need to calculate the present value of the 25-year annuity at the given interest rate of 1.4% compounded annually. The formula for present value of an annuity is:

PV = PMT x ((1 - (1 + r)) / r)

Where:

PV = present value

PMT = payment amount per period

r = interest rate per period

n = number of periods

In this case, PMT = $1,000,000, r = 1.4%, n = 25 years. Plugging these values into the formula, we get:

PV = $1,000,000 x ((1 - (1 + 0.014)) / 0.014)

PV = $15,327,077.21

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irms usually offer their customers some form of trade credit. this allowance comes with certain terms of credit, which affect the cost of asset of sale for the buyer as well as the seller. consider this case: cold duck manufacturing inc. buys on terms of 2/10, net 30 from its chief supplier.

Answers

Payment term of 2/20, net 30 mean if payment is made within 20 days then the customer will get a 2% discount. And the maximum payment term is 30 days.

Cost of credit for one period = 2% / (1 - 2%)= 2.04%

The cost of credit for one period is 2.04%.

Nominal cost of trade credit = 2.04% {365 / (30 - 20)}

= 2.04% 36.50

= 74.46%

Nominal cost of trade credit is 74.46%.

If the supplier shortens the discount period from 20 days to 5 days then the nominal cost of trade credit will decrease.his refers to the money cost of production. This refers to the value of the product in dollars the time when the product was manufactured. Here the inflatons, deflations are not taken into account.

Inflation can be defined as a decrease in the purchasing power of money. This is reflected in higher prices for goods and services in the market. That is, an increase in the price of a commodity over a period of time. One cause of inflation is low supply and high demand for goods and services in the market.

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all of the following are characteristics of a perfectly competitive market except which one? question 8 options: a) no barriers to entry b) very high transaction costs c) perfect information d) homogeneous goods

Answers

All of the following are characteristics of a perfectly competitive market except very high transaction costs. Hence option (b) is the answer.

What are the five features of a market system with the perfect competition?

In a market that has perfect competition, there are many buyers and sellers that affect the market price of essentially homogeneous goods, and there are no obstacles to entry or leaving. Although a purely competitive industry's demand curve is down sloping, it is completely elastic for a purely competitive firm.

Following are some traits or qualities of a market that is completely competitive:

1. Many people buy and sell comparable things, thus there are lots of buyers and sellers.

3. There are no barriers to admission or exit into the market; no transaction is involved

4. It has the ideal elastic demand

5. Complete product knowledge

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Amerigo grew up speaking both English and Italian with his family, and he believes that knowledge of more than one language is a valuable tool. He also believes that the best way to introduce students to a new language is in small groups or in one-on-one conversations. However, his son’s high school offers only one introductory Italian class, which is usually filled with more than 30 students.



Who could Amerigo work with to help provide one-on-one Italian instruction for students?

a. Amerigo could work with instructional designers, publishers, and public university administrators to provide the books, online resources, and language expertise to the school’s Italian teacher.

b. Amerigo could work with school administrators, the principal, and private tutors to find the time, money, and classroom space for tutors to give after-school Italian lessons.

c. Amerigo could work with the Italian teacher, instructional coordinators, and school librarians to organize an area in the library that is filled with books about Italy and Italian literature.

d. Amerigo could work with the state and local government and school district administrators to create a program in which high school students are required to take more than one language class.

Answers

Answer:

Amerigo could work with school administrators, the principal, and private tutors to find the time, money, and classroom space for tutors to give after-school Italian lessons.

Explanation:

got 100% on the unit test

Answer:

The correct answer is B) Amerigo could work with school administrators, the principal, and private tutors to find the time, money, and classroom space for tutors to give after-school Italian lessons.

(well should be)

in order to effectively use price competition as a sustainable competitive advantage, a firm must have _____.

Answers

Answer:

the lowest cost

Explanation:

the lowest cost is correct answer

the lowest cost is correct

(Hope this Helps can I pls have brainlist (crown)☺️)

suppose a technological advancement occurs. what would we expect to happen in the market?Equilibrium quantity and price would increase Equilibrium price would increase and quantity would decrease Equilibrium price would decrease and quantity would increase Equilibrium quantity and price would decrease

Answers

If a technological advancement occurs, we would generally expect the equilibrium quantity to increase and the equilibrium price to decrease. This is because technological advancement would likely increase the supply of the product.

leading to a greater quantity being produced at a lower cost. As a result, suppliers would be willing to sell more of the product at a lower price, which would encourage buyers to purchase more of the product as well.

However, the exact effect on equilibrium quantity and price will depend on various factors, such as the nature of technological advancement, the elasticity of demand and supply, and the degree of competition in the market. It's possible that the equilibrium price may increase if the demand for the product also increases due to technological advancement, or if the supply of the product is limited by other factors such as resource constraints.

Overall, the impact of technological advancement on the market will depend on the specific circumstances and characteristics of the market in question.

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Who would be called upon to fix the following problem? The network at the U.S. embassy in Brazil has suddenly crashed.
Diplomatic Security Special Agent
information Management Specialist
Foreign Service Officer
economic Officer​

Answers

An information management specialist would be the one to fix an issue with a network.

Posh Pools Inc. was ready to sign an agreement to build a new facility in a foreign nation when it learned that the local currency in that nation had appreciated significantly in the past week. How might this affect the company's decision to build the new facility

Answers

Answer:

D. This will diminish the attractiveness of this country as a manufacturing base for Posh Pools.

Explanation:

Below are the given options of the question

A. There will be a decrease in the dollar cost of products exported from that nation which benefits Posh Pools.

B The company will want to make more foreign direct investment in that country.

C This will decrease the amount of imports brought into the country and make it more attractive for manufacturing

D This will diminish the attractiveness of this country as a manufacturing base for Posh Pools. E

This will transform the country into a low-cost location and make it more desirable for manufacturing.

Since it is mentioned that Posh Pools is ready to sign an agreement for building a new facility but this arise when he learned for the local currency so this impact the attractiveness of the country that would be decline and considered to be a base for manufacturing cost for the company i.e Posh pools

hence, the correct option is d.

What should he do to get to the appropriate cell?

Answers

Answer:

which appropriate cell , the question is not clear

A. Press the tab key

got it correct on edge :)

Natasha places an online order for plate holders to display her antique plates. She chooses a specific site because it has a promotional offer of 15% off on all purchases. She orders 3 large holders for $4. 95 each, 2 medium holders for 3. 25 each and 2 small holders for $1. 75 each. There is no sales tax on her purchase, but she must pay a flat rate of $5. 35 for shipping and handling. What is the total of Natasha?s online purchase? a. $19. 64 b. $24. 18 c. $26. 47 d. $28. 45.

Answers

Answer:

B

Explanation:

ROI stands for return on investment. It is the ratio of incremental profit from an activity over the cost of the activity times 100. If the incremental profit from your ad campaign is $5,000 and the cost of the campaign is $7,500, what is the ROI?

Answers

Answer:

66.7%

Explanation:

ROI stands for return on investment. It is the ratio of incremental profit from an activity over the cost of the activity times 100. If the incremental profit from your ad campaign is $5,000 and the cost of the campaign is $7,500, the ROI is 66%.

What is  return on investment?

The return on investment estimates the loss and gain generated on the amount of money that is invested. The return on investment) is the percentage to analyze an organization’s profit or the earnings of different investment.

The return on investments estimates what we will receive back as compared to what we have  invested. It can be used by a company to estimate inventory investments, pricing policy, capital equipment investments, etc.

If the incremental profit from your ad campaign is $5,000 and the cost of the campaign is $7,500, the ROI is 66%.

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What does the term 'user
experience' refer to regarding a
website?
A. the overall ease of navigation and ability to
purchase on a company's website
B. the general experience a customer has when
using a product of a business
C. the customer experience when dealing with
customer service representatives

Answers

Answer:b

Explanation:

Does anyone have a perfect competition business example?

Answers

Answer:

Perfect competition is a type of market structure where products are homogenous and there are many buyers and sellers. ... Whilst perfect competition does not precisely exist, examples include the likes of agriculture, foreign exchange, and online shopping.

Explanation:

which of the following assets is most susceptible to misappropriation? a. cash b. accounts receivable c. short-term investments d. inventory

Answers

Among the options given, the asset that is generally considered most susceptible to misappropriation is cash. The correct answer is option a.

Cash is a highly liquid asset that can be easily stolen or mishandled if appropriate controls and safeguards are not in place. It is tangible and easily transferable, making it vulnerable to theft, embezzlement, or unauthorized use.

While other assets, such as accounts receivable (option b), short-term investments (option c), and inventory (option d), can also be subject to misappropriation, cash is often considered more susceptible due to its inherent nature and immediate value.

However, it's important to note that misappropriation risks can exist for all types of assets, and implementing strong internal controls and oversight is crucial to mitigate such risks.

The correct answer is option a.

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Sarah's Organic Soap Company makes organic liquid soap. One of the raw materials for her soaps is organic palm oil. She needs 1,000 kgs of palm oil per day on average. The supplier charges a $60 delivery fee per order (which is independent of the order size) and $4.75 per kg. Sarah's annual holding cost is 25%. Assume she operates and sells 5 days per week, 52 weeks per year.
a. If Sarah wants to minimize her annual ordering and inventory holding costs, how much palm oil should she purchase with each order (in kgs)? Kgs
b. If Sarah orders 4,000 kgs with each order, what would be the annual sum of ordering and holding costs? (Round your answer to 3 decimal places.)
c. If Sarah orders 8,000 kgs with each order, what would be sum of ordering and holding costs per kg sold? Per kg
d. Sarah's supplier is willing to sell her palm oil at a 5% discount if she purchases 15,000 kgs at a time. If she were to purchase 15,000 kgs per order what would be her annual sum of ordering and holding costs?

Answers

The annual sum of ordering and holding costs with 4,000 kg per order would be $6,275. The sum of ordering and holding costs per kg sold with 8,000 kg per order would be $0.029 per kg.

To minimize Sarah's annual ordering and inventory holding costs, she should determine the economic order quantity (EOQ). The EOQ formula is: EOQ = sqrt((2DS)/H). Sarah should purchase approximately 2,682 kg of palm oil with each order.

If Sarah orders 4,000 kg with each order, she would need to place 260,000 kg / 4,000 kg = 65 orders per year. Therefore, the annual sum of ordering and holding costs would be $3,900 + $2,375 = $6,275. If Sarah orders 8,000 kg with each order, she would need to place 260,000 kg / 8,000 kg = 32.5 orders per year. The sum of ordering and holding costs per kg sold would be ($1,980 + $4,750) / 260,000 kg = $0.029 per kg.

In summary: Sarah should purchase approximately 2,682 kg of palm oil with each order. The annual sum of ordering and holding costs with 4,000 kg per order would be $6,275. The sum of ordering and holding costs per kg sold with 8,000 kg per order would be $0.029 per kg.

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telephone solicitations, mail, infomercials, catalogs, and e-mails can all be considered part of

Answers

Telephone solicitations, mail, infomercials, catalogs, and e-mails can all be considered part of Selling.

Selling is a two-way conversation between a buyer and a seller intended to sway the buyer's choice to buy. This can include infomercials, catalogues, telemarketing calls, postal solicitations, and emails.

A phone call that serves as an ad is referred to as a telephone solicitation. However, under FCC regulations, some phone solicitations are allowed, such as those made with your express consent, by or on behalf of a tax-exempt non-profit organisation, or from a person or organisation.

Telesales may be a highly lucrative method to start a sales career with a little bit of skill and technique. We've included some of the greatest advice and strategies for making your sales calls effective, pleasant, and—most importantly—profitable in this post.

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Employees usually do not reflect much concerning a decision to quit; rather, quitting is in response to immediate events.

a. True
b. False

Answers

The statement is false. Employees usually do not reflect much concerning a decision to quit; rather, quitting is in response to immediate events.

An employee is a person who has agreed to be employed to paint for a few shapes of fee below an agreement of employment. Your employment popularity will assist define what rights and responsibilities you have got at paintings. There are three fundamental varieties of employment popularity: employee.

Before hiring a new team member, it is crucial to apprehend your options in regard to special kinds of employees. research the main variations among complete-time, part-time, seasonal, and brief personnel. Any person who strives hard to accomplish the desires and goals of a specific employer is called an employee. personnel is employed to carry out particular obligations as per their specialization, hobby regions, and former stories.

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Rex is currently taking physics as one of his electives in school. His grade at the end of the year is determined by the average of four exams, each worth 100 points. On his first test he got an 84, on his second he got a 86, and on his third an 92. What must he score on his fourth exam to get an A (90%) in the course?

a. 98

b. 90

c. 88

d. 86

Answers

the answer is 90%because you add up every thing

Answer:

98%

Explanation:

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