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Keywords: Structured Products
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Teaching Notes
Journal:
Teaching Notes
Teaching Notes 1–22.
Published: 08 November 2023
...Jayanth R. Varma; Rahul Ghosh Northern Textiles (NTL) used highly complex derivatives to hedge its currency risk, and these structured products have been profitable in the past. But in 2008, unanticipated movements in exchange rates have led to serious losses. Seth, the Chairman of NTL, has come...
