Discussion Question, accounting homework help

Anonymous
timer Asked: Nov 22nd, 2016
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Question Description

The advent of specific types of derivative instruments have been used by many financial institutions to hedge against exchange rate risk and as well to limit exposure to fluctuations of fair value based upon market conditions. Please select a current article on the use of derivatives by a company. Define the type of derivative used and the purpose of it use by the company? As well, do you feel the use of derivative instruments contributed to the financial crisis of 2008?

Please make this 1-2 paragraphs.

Please include a reference page and site sources within the paper.

Tutor Answer

toto
School: UC Berkeley

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In the article, Standard Chattered to wind Down 2 More Businesses in Overhaul, by Chad
Bray, discusses on the issue that the bank has had with equity...

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