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Hedging and Insurance are different concepts because: a. hedging is teshnique which can only be used by companies, whereas insurance can be used by companies

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Hedging and Insurance are different concepts because: a. hedging is teshnique which can only be used by companies, whereas insurance can be used by companies and individuals b. insurance is a technique that allows individuals and companies to eliminate the positive and the negative side of risk, and hedging only deals with the coverage of the negative side of risk. c. hedging only protects business firms operating in the financial industry, whereas insurance may be used by all business firms d. hedging is a technique that allows individuals and companies to eliminate the positive and the negative side of risk, and insurance only deals with the coverage of the negative side of risk

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