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1.What are the benefits of trading in a derivative contracts? 2. Differentiate between over-the-counter contracts and exchange-traded contracts. 3. Differentiate between a forward commitments and

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1.What are the benefits of trading in a derivative contracts? 2. Differentiate between over-the-counter contracts and exchange-traded contracts. 3. Differentiate between a forward commitments and contingent claims. 4. Give an example of a derivative transaction

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