Fill the Following Blanks and provide the answers of the questions with refer to the Financial Derivatives.

A(n) ______________ is an agreement whereby the ______________ agrees to pay the ______________ when a designated reference ______________ a predetermined level. A(n) ______________ is an agreement whereby the ______________ agrees to pay the ______________ when a designated reference is ______________ than a predetermined level. The designated reference could be a specific ______________ rate or a(n) ______________ price. A(n) ______________ is equivalent to a package of ______________ options; a(n) ______________ is equivalent to a package of ______________ options.