HBSP (USA)
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Wal-Mart's Use of Interest Rate Swaps
Kimbrough, Michael D.; Faulkender, Michael; Jenkins, Nicole Thorne; Gordon, RachelCase HBS-108038-EFinance"Wal-Mart's Use of Interest Rate Swaps" recounts Wal-Mart's use of interest rate swaps to hedge the fair value of its fixed-rate debt against changing interest rates. This case provides students with a foundation for understanding the use of and accounting for more complex derivatives. Specific issues raised include: (1) the financial statement impact of hedge accounting, (2) motivations for using derivatives, including the potential role of acco...Starting at €8.20