Unexecuted limit orders can be canceled without cost and at any time, and orders are executed according to price, followed by time, priority. Shorting stocks and borrowing money is not possible. No interest is paid on taler (experimental currency) holdings and there are no transaction costs. ...
Our study focuses solely on companies that spend a significant amount of money on jet fuel, thus are more likely to face larger value consequences when choosing whether or not to manage this risk. An alternative means to measure the value consequences of hedging is to measure the c...
Eleven years later, the debut of the stylish Ford Mustang, the brainchild of legendary automotive visionary Lee Iacocca, was an industry nod to the emerging mobile youth culture of the 1960s. Both the Vette and the Mustang would be reintroduced to the public with great fanfare. Here is a ...