Valores

soddy1979 Wrote:
-------------------------------------------------------
> Against, sorry - hot days
>
> Answers:
>
> 1) Upward sloping
> 2) Regression of jet fuel returns on crude oil
> returns - use the slope coefficient as the hedge
> ratio.
> 3) Hedging against hot days. That is get paid if
> it's hot.

NM already explained. This is also an errata in Schweser if memory serves me right.



Edited 2 time(s). Last edit at Friday, May 20, 2011 at 02:42PM by Paraguay.