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1) Assume that you are a speculator. What would you choose in terms of instruments: options or futures/ forwards? Explain your answer. Also if you

1) Assume that you are a speculator. What would you choose in terms of instruments: options or futures/ forwards? Explain your answer. Also if you believe that there is a trade-off between the two, clearly explain the cases when you would use one over the other?

a. ) Answer question 1 from the perspective of a US MNC

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