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Describe the motivations of investors for utilizing options. Design a use of options combination strategies, such as spreads and straddles, to address a hedging exposure

Describe the motivations of investors for utilizing options.

Design a use of options combination strategies, such as spreads and straddles, to address a hedging exposure you develop. Select the best solution you think would address the exposure.

Explain the function of futures contracts for speculators.

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