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Discuss the role of derivatives in hedging financial risk. Explain the difference between hedging, speculation, and arbitrage using derivatives. Provide examples of how options, futures,
Discuss the role of derivatives in hedging financial risk. Explain the difference between hedging, speculation, and arbitrage using derivatives. Provide examples of how options, futures, and swaps can be used to manage various types of risk in financial markets.
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Personal Finance
Authors: Jeff Madura
3rd Edition
0321357973, 978-0321357977
