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a) How can futures or forwards be used to enhance the performance of an investment portfolio? (15 marks) b) Give one example of how options

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a) How can futures or forwards be used to enhance the performance of an investment portfolio? (15 marks) b) Give one example of how options can be used to manage a portfolio. (10 marks) c) What are seen as the pros and cons of derivative products? (10 marks)

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