Sprache: Englisch
Verlag: Cambridge University Press, 1989
ISBN 10: 0521389348 ISBN 13: 9780521389341
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Sprache: Englisch
Verlag: Cambridge University Press, 1989
ISBN 10: 0521389348 ISBN 13: 9780521389341
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Sprache: Englisch
Verlag: Cambridge University Press, 1989
ISBN 10: 0521389348 ISBN 13: 9780521389341
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Sprache: Englisch
Verlag: Cambridge University Press, GB, 1989
ISBN 10: 0521389348 ISBN 13: 9780521389341
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In den WarenkorbPaperback. Zustand: New. This book offers an explanation of why commodity processors and dealers use futures markets. It argues that they use futures contracts as part of an implicit method of borrowing and lending commodities, contrary to the accepted view of dealers averse to the fluctuating value of their inventories wanting insurance against price risk. Employing models developed to explain the demand for money, this book demonstrates that risk-neutral dealers have sufficient reason to use futures markets. Moreover, the book exposes major internal inconsistencies in the accepted explanation. Rather than insurance markets, the appropriate analogy is the money market, which is the point the book establishes through discussing actual loan markets in commodities. This insight into the function of futures markets is then used to explain how futures prices for different delivery dates express a term structure of commodity-specific interest rates and why futures markets flourish for some types of commodities and not for others.
Sprache: Englisch
Verlag: Cambridge University Press, 1989
ISBN 10: 0521389348 ISBN 13: 9780521389341
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In den WarenkorbZustand: New. In.
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Verlag: Cambridge University Press 2008-08-21, 2008
ISBN 10: 0521389348 ISBN 13: 9780521389341
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In den WarenkorbPaperback. Zustand: New.
Sprache: Englisch
Verlag: Cambridge University Press, 1989
ISBN 10: 0521389348 ISBN 13: 9780521389341
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ISBN 10: 0521389348 ISBN 13: 9780521389341
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In den WarenkorbZustand: New. This book offers an explanation of why commodity processors and dealers use futures markets. Num Pages: 272 pages, 13 tables, 15 line diagrams, glossary, bibliography. BIC Classification: KFFM. Category: (U) Tertiary Education (US: College). Dimension: 228 x 152 x 16. Weight in Grams: 400. . 2008. Revised ed. paperback. . . . .
Sprache: Englisch
Verlag: Cambridge University Press, 1989
ISBN 10: 0521389348 ISBN 13: 9780521389341
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Paperback. Zustand: new. New Copy. Customer Service Guaranteed.
Sprache: Englisch
Verlag: Cambridge University Press, 1989
ISBN 10: 0521389348 ISBN 13: 9780521389341
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Sprache: Englisch
Verlag: Cambridge University Press CUP, 1989
ISBN 10: 0521389348 ISBN 13: 9780521389341
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Sprache: Englisch
Verlag: Cambridge University Press, 1989
ISBN 10: 0521389348 ISBN 13: 9780521389341
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Zustand: New. This book offers an explanation of why commodity processors and dealers use futures markets. Num Pages: 272 pages, 13 tables, 15 line diagrams, glossary, bibliography. BIC Classification: KFFM. Category: (U) Tertiary Education (US: College). Dimension: 228 x 152 x 16. Weight in Grams: 400. . 2008. Revised ed. paperback. . . . . Books ship from the US and Ireland.
Sprache: Englisch
Verlag: Cambridge University Press, GB, 1989
ISBN 10: 0521389348 ISBN 13: 9780521389341
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In den WarenkorbPaperback. Zustand: New. This book offers an explanation of why commodity processors and dealers use futures markets. It argues that they use futures contracts as part of an implicit method of borrowing and lending commodities, contrary to the accepted view of dealers averse to the fluctuating value of their inventories wanting insurance against price risk. Employing models developed to explain the demand for money, this book demonstrates that risk-neutral dealers have sufficient reason to use futures markets. Moreover, the book exposes major internal inconsistencies in the accepted explanation. Rather than insurance markets, the appropriate analogy is the money market, which is the point the book establishes through discussing actual loan markets in commodities. This insight into the function of futures markets is then used to explain how futures prices for different delivery dates express a term structure of commodity-specific interest rates and why futures markets flourish for some types of commodities and not for others.
Sprache: Englisch
Verlag: Cambridge University Press, 1989
ISBN 10: 0521389348 ISBN 13: 9780521389341
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Taschenbuch. Zustand: Neu. Druck auf Anfrage Neuware - Printed after ordering - This book offers an explanation of why commodity processors and dealers use futures markets. It argues that they use futures contracts as part of an implicit method of borrowing and lending commodities, contrary to the accepted view of dealers averse to the fluctuating value of their inventories wanting insurance against price risk. Employing models developed to explain the demand for money, this book demonstrates that risk-neutral dealers have sufficient reason to use futures markets. Moreover, the book exposes major internal inconsistencies in the accepted explanation. Rather than insurance markets, the appropriate analogy is the money market, which is the point the book establishes through discussing actual loan markets in commodities. This insight into the function of futures markets is then used to explain how futures prices for different delivery dates express a term structure of commodity-specific interest rates and why futures markets flourish for some types of commodities and not for others.
Sprache: Englisch
Verlag: Cambridge University Press, 1989
ISBN 10: 0521389348 ISBN 13: 9780521389341
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In den WarenkorbPaperback. Zustand: Brand New. reprint edition. 275 pages. 8.72x5.94x0.68 inches. In Stock. This item is printed on demand.
Sprache: Englisch
Verlag: Cambridge University Press, 1989
ISBN 10: 0521389348 ISBN 13: 9780521389341
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In den WarenkorbPaperback / softback. Zustand: New. This item is printed on demand. New copy - Usually dispatched within 5-9 working days.
Sprache: Englisch
Verlag: Cambridge University Press, 1989
ISBN 10: 0521389348 ISBN 13: 9780521389341
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In den WarenkorbZustand: New. Print on Demand pp. 272 2:B&W 6 x 9 in or 229 x 152 mm Perfect Bound on Creme w/Gloss Lam.
Sprache: Englisch
Verlag: Cambridge University Press, 1989
ISBN 10: 0521389348 ISBN 13: 9780521389341
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Zustand: New. PRINT ON DEMAND pp. 272.
Sprache: Englisch
Verlag: Cambridge University Press, Cambridge, 1989
ISBN 10: 0521389348 ISBN 13: 9780521389341
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In den WarenkorbPaperback. Zustand: new. Paperback. This book offers a new explanation of why commodity processors and dealers use futures markets. It argues that they use futures contracts as part of an implicit method of borrowing and lending commodities, contrary to the accepted view of dealers averse to the fluctuating value of their inventories wanting insurance against price risk. Employing models developed to explain the demand for money, this book demonstrates that risk-neutral dealers have sufficient reason to use futures markets. Moreover, the book exposes major internal inconsistencies in the accepted explanation. Rather than insurance markets, the appropriate analogy is the money market, which is the point the book establishes through discussing actual loan markets in commodities. This insight into the function of futures markets is then used to explain how futures prices for different delivery dates express a term structure of commodity-specific interest rates and why futures markets flourish for some types of commodities and not for others. This book offers an explanation of why commodity processors and dealers use futures markets. It argues that they use futures contracts as part of an implicit method of borrowing and lending commodities, contrary to the accepted view of dealers averse to the fluctuating value of their inventories wanting insurance against price risk. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability.
Sprache: Englisch
Verlag: Cambridge University Press, 2008
ISBN 10: 0521389348 ISBN 13: 9780521389341
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In den WarenkorbZustand: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. This book offers an explanation of why commodity processors and dealers use futures markets. It argues that they use futures contracts as part of an implicit method of borrowing and lending commodities, contrary to the accepted view of dealers averse to the.