please answer both questions. upvote and good feedback will be given for trying and helping.

Q-1

question 2

27. Which trading strategy led to the Barings Bank default? A. Short Strangle B. Long Straddle C. Short Straddle D. Long Strangle E. None of the above 28. What did Nick Leeson's actions in the Barings Bank show? A. Financial risk management failure B. Exchange risk management failure C. Operational risk management failure 9 D. Market risk management failure E. None of the above