objectives Know how to use hedging insuring and diversifying to transfer risk Hedging(11.1-11.4) Insuring (11.5-11.9) Diversifying (11.10-11.11) THE COURSE OF FINANCE 2017 SPRING SJTU 3objectives  Know how to use hedging ,insuring and diversifying to transfer risk Hedging (11.1~11.4) Insuring (11.5~11.9) Diversifying (11.10~11.11) THE COURSE OF FINANCE 2017 SPRING SJTU 3