Managing Interest Rate Risk : Using Financial Derivatives (Institute of Internal Auditors Risk Management Series)
Автор:John J. Stephens Год: [не указано] Издание: [не указанo] Страниц: [не указано] ISBN: 0471485497 Economic conditions can change dramatically over time, requiring significant changes in interest rates. Loans that appeared desirable methods of expansion when taken out can, with a change in interest rates, become massive outgoings that leave the unprepared business exposed to potentially crippling debt. Whether borrowing, investing, saving or trading, a company will always have to take into account the cost of capital and therefore interest rate risk. The efficient management of this risk is essential for the survival of a company and any business that is exposed to such a risk should ensure that it is fully prepared to manage it. Aimed at senior managers within businesses, this book is a practical primer on how to reduce risk from changes in interest rates.
