Supervisors play a minor role in helping their employees find value in their work

A retailer's location strategy can be made more flexible through _____

a. the use of longer-term leases b. sale and leaseback arrangements c. the use of renewal options versus a long-term lease d. ownership versus leasing

Which of the following is necessary for tailing a hedge?

A. Comparing the size in units of the position being hedged with the size in units of the futures contract B. Comparing the value of the position being hedged with the value of one futures contract C. Comparing the futures price of the asset being hedged to its forward price D. None of the above