The following appears in the 2000 10-K of International Business Machines: The company employs a number of

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The following appears in the 2000 10-K of International Business Machines:

The company employs a number of strategies to manage these risks, including the use of derivative financial instruments.

Derivatives involve the risk of non-performance by the counterparty.

Explain what is meant in the last sentence of this quotation.

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The Basics Of Finance An Introduction To Financial Markets Business Finance And Portfolio Management

ISBN: 9780470609712

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Authors: Pamela Peterson Drake, Frank J. Fabozzi

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Question Posted: Jun 05, 2024 02:02 AM

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The following appears in the 2000 10-K of International Business Machines: The company employs a number of

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The Basics Of Finance An Introduction To Financial Markets Business Finance And Portfolio Management

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