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A Futures contract on Rainfall is an example of: a. Derivatives contract based on a non-tradeable asset b. Spot contract based on a non-tradeable asset

A Futures contract on Rainfall is an example of:

a. Derivatives contract based on a non-tradeable asset

b. Spot contract based on a non-tradeable asset

c. Derivatives contract based on a tradeable asset

d. Spot contract based on a tradeable asset

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