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Essay's paper info
| Topic: |
Business
|
| Number of pages / Number of words: |
7 / 1776 |
Essay's paper body
The increase in
interest expense from 1993 to 1994 was primarily due to higher average interest
rates on borrowings, partially offset by higher interest capitalization.
The Company utilizes investments and corresponding interest rate swaps to
preserve principal while enhancing the yield on its investment portfolio without
significantly increasing risk, and uses forward contracts, options and swaps to
hedge currency, market and interest rate exposures...
Essay fragment
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The increase in
interest expense from 1993 to 1994 was primarily due to higher average interest
rates on borrowings, partially offset by higher interest capitalization.
The Company utilizes investments and corresponding interest rate swaps to
preserve principal while enhancing the yield on its investment portfolio without
significantly increasing risk, and uses forward contracts, options and swaps to
hedge currency, market and interest rate exposures...
Essay fragment
General points of the essay
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