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What tenants does the traditional approach to funds management include? Do you agree or disagree with each of these tenants? Justify your answers. Discuss what

What tenants does the traditional approach to funds management include? Do you agree or disagree with each of these tenants? Justify your answers.

Discuss what a future is. Discuss what long and short hedges are. Why are hedges important to the financial industry?

What are some popular credit risk derivatives? Compare and contrast.

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