How Long to Read Management and Control of Foreign Exchange Risk

How Long Does it Take to Read Management and Control of Foreign Exchange Risk?

It takes the average reader 6 hours and 10 minutes to read Management and Control of Foreign Exchange Risk by Laurent L. Jacque

Assuming a reading speed of 250 words per minute. Learn more

Description

Since I first published Management of Foreign Exchange Risk (Lexington Books, 1978), financial innovation-spurred, in part, by exploding volatility in currency prices-has revolutionized the theory and praxis of foreign exchange risk management. Old-fashioned forward contracts have surrendered market share to currency swaps and options as well as to their perpetually multiplying derivatives. Interestingly, forex derivatives now provide a low cost and highly efficient method of transferring risk from the firms that are exposed to risk but which would rather not be (i. e. , risk-hedgers) to those which are not exposed but which-in exchange for a fee-would assume some exposure to risk (i. e. , risk bearers). Perhaps more importantly, foreign exchange risk management, which was once a fairly mechanical task confmed to the international treasury function, is now permeating global strategic management. Indeed, since the demise of the Bretton Woods system of pegged exchange rates, the cost of forex hedging instruments has fallen so dramatically that firms can readily avail themselves of hedging products which can reduce unwanted risk, thereby potentially gaining a competitive advantage over rivals that do not. Management and Control of Foreign Exchange Risk has grown out of a fundamental revision of my earlier work published almost 20 years ago. In the process, my thinking about risk and its mathematics has greatly benefitted from my association with John Cozzolino and Charles Tapiero.

How long is Management and Control of Foreign Exchange Risk?

Management and Control of Foreign Exchange Risk by Laurent L. Jacque is 370 pages long, and a total of 92,500 words.

This makes it 125% the length of the average book. It also has 113% more words than the average book.

How Long Does it Take to Read Management and Control of Foreign Exchange Risk Aloud?

The average oral reading speed is 183 words per minute. This means it takes 8 hours and 25 minutes to read Management and Control of Foreign Exchange Risk aloud.

What Reading Level is Management and Control of Foreign Exchange Risk?

Management and Control of Foreign Exchange Risk is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Management and Control of Foreign Exchange Risk?

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