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need right answer Question 20 (5 points) Saved Which of the following is (are) characteristic of both insurance and hedging? (Check all that apply.) reduces

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Question 20 (5 points) Saved Which of the following is (are) characteristic of both insurance and hedging? (Check all that apply.) reduces risk deals with an already existing risk indemnifies the party who suffers a loss deals only with pure risks transfers risk

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