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(a) Financial crises is a reality in both developed and developing financial markets. Using examples as appropriate, explain how government through the regulatory agencies and
(a) Financial crises is a reality in both developed and developing financial markets. Using examples as appropriate, explain how government through the regulatory agencies and policy makers can minimize the negative effects of financial crises. (6 Marks) (b) Explain the main derivative instruments that trade in financial markets clearly identifying those that trade in the Kenya financial market.
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