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 · tuations in raw materials and exchange rates with forward contracts. If BMW contracts in 2008 to exchange 100 million USD in 2010 at a rate of 1.30 USD per El-JR, the price risk

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Page 1:  · tuations in raw materials and exchange rates with forward contracts. If BMW contracts in 2008 to exchange 100 million USD in 2010 at a rate of 1.30 USD per El-JR, the price risk
Page 2:  · tuations in raw materials and exchange rates with forward contracts. If BMW contracts in 2008 to exchange 100 million USD in 2010 at a rate of 1.30 USD per El-JR, the price risk
Page 3:  · tuations in raw materials and exchange rates with forward contracts. If BMW contracts in 2008 to exchange 100 million USD in 2010 at a rate of 1.30 USD per El-JR, the price risk