2-6. What types of changes have financial markets experienced during the last two decades? Have they been perceived as positive or negative changes? Explain. 2-8. Identify and briefly compare the two leading stock exchanges in the United States today. 2-10. Explain whether the following statements are true or false. a. Derivative transactions are designed to increase risk and are used almost exclusively by speculators who are looking to capture high returns. b. Hedge funds typically have large minimum investments and are marketed to institutions and individuals with high net worths. c. Hedge funds have traditionally been highly regulated. d. The New York Stock Exchange is an example of a stock exchange that has a physical location. e. A larger bid-ask spread means that the dealer will realize a lower profit