[PDF.20ei] The Pricing of Weather Derivatives including Meteorological Forecasts
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The Pricing of Weather Derivatives including Meteorological Forecasts
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Bachelor Thesis from the year 2013 in the subject Business economics - Investment and Finance, grade: 4/4, , language: English, abstract: 1. Abstract This paper analyses weather derivatives and the issue of pricing these financial instruments. The non-tradability of the underlying makes their pricing not straightforward and even if the Chicago Mercantile Exchange began trading the first weather contract in 1999, the market still witnesses very low volumes and is rel...
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