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i. Answer the following questions about financial derivatives. a. Address the similarity of forward, futures and option contracts. (5%) b. Address the differences between option

i. Answer the following questions about financial derivatives.

a. Address the similarity of forward, futures and option contracts. (5%)

b. Address the differences between option and forward/futures contracts. (5%)

c. Construct a table to address the differences between forward and futures contracts. (15%)

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