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G&P Greetings, Inc.
Conroy, Robert M. Case F-1122 / Published September 9, 1996 / 10 pages.
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Product Overview

This case deals with the hedging decision of a firm. In the context of the case, the students are asked to choose among a number of alternatives to alter the fixed-rate interest payments on an outstanding bond. The case requires students to price a swap and price a series of interest-rate caps, and introduces the concept of swaption.




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  • Overview

    This case deals with the hedging decision of a firm. In the context of the case, the students are asked to choose among a number of alternatives to alter the fixed-rate interest payments on an outstanding bond. The case requires students to price a swap and price a series of interest-rate caps, and introduces the concept of swaption.

  • Learning Objectives