P14-7. Nature and identification of financial instruments L.O. 14-1) (Medium - 10 minutes) Identify the examples of derivatives that follow as one of the following: Forward contract Future contract Option Warrant Swap a Canadian Inc. (which has some US operations) contracts with American Corp. (which has some Canadian operations) to pay the interest and principal on a US$20,000,000 loan in exchange for American Corp making the payments on a Canadian dollar loan of equal value. b. Marianne Corp contracts with its bank to sell them US$100,000 cash in December 2018 at a rate of C$1.15/US$1.00 c. An investor purchases a bundle of securities that includes a $1,000 bond issued by Starlight Inc. and the right, but not the obligation, to purchase 20 common (ordinary) shares in the company for $38 each in three to five years' time