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Does the Use of Foreign Currency Derivatives Affect Colombian Firms? Market Value?

José Eduardo
Gómez-González
Carlos Eduardo
León-Rincón
Karen Juliet
Leiton-Rodríguez
Viernes, 1 Mayo 2009

Classic financial theory relies on the absolute perfection of capital markets, which results in one of the milestones of theoretical corporate finance: the firm's value is invariant to the choice of capital structure. As an extension to the aforementioned