How is cash settlement different from delivery why would an, Financial Management

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How is cash settlement different from delivery why would an

1. How is cash settlement different from delivery? Why would an exchange offer a futures contract with cash settlement?

2. Should a corporation hedge? Why might it increase firm value? Are there any reasons why a firm would not want to hedge? Explain in detail.

3. Give an example of how a conflict of interest may arise between Bondholders and Stockholders?

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Financial Management: How is cash settlement different from delivery why would an

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