Keywords: Rainfall
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Journal Articles
Managerial Finance (2007) 33 (4): 246–252.
Published: 20 March 2007
...Karyl B. Leggio; Karyl B. Leggio Purpose The purpose of this study is to demonstrate the use of weather derivatives to hedge firm exposure to previously unmanageable risk events caused by natural phenomenon such as excessive rainfall. Design/methodology/approach – The paper adopts a case study...

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