Forward contracts on the exchange rate
The aim of the paper is to present one out of conceivable approaches to problems of foreign exchange rates and subsequently forward contracts on them. Our approach, based on stochastic analysis, provides an untraditional view of the issues. Within the framework of this paper we model the USD/CZK exchange rate on the basis ofthe geometric Brownian motion. Obtained results entitle the use as a complementory tool when managing the exchange rate risk.
Volume (Year): 4 (1997)
Issue (Month): 6 ()
|Contact details of provider:|| Web page: http://ces.utia.cas.cz|
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:czx:journl:v:4:y:1997:i:6:id:40. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jozef Barunik)
If references are entirely missing, you can add them using this form.