소개글
위험관리 레포트에 대한 자료입니다.
목차
1.Existent Circumstances
2.Risks to be considered
3.Advantages & Disadvantages of Various Hedges
4.Data
5.Hedge
6.Recommendation
본문내용
Existent Circumstances
Refining company H wants to find the way to fix margin
Company H is located in U.S & is facing price risk exposure of crude oil price and gasoline product price
Business of company H includes both domestic sales & export of product
Annual gasoline production of Company H is 24,000,000 barrel
Consulting company has to consider various risks facing company H and suggests reasonable solution
Risks to be considered
Counterparty Risk
Risk that the other party in an agreement will default
Maturity Risk
Risk that is associated with uncertainty of interest rate
Liquidity Risk
financial risk due to uncertain risk
Risks to be considered
Price risk
Risk that an investor will invest in an equity that will eventually be worth less than what they paid for it
F/X Risk
Risk that the exchange rate will change unfavorably before the currency is exchanged