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Task 3) Derivatives (13 points) Instruction: 1. Derivatives are tools to minimize financial risks. Give a short description about what Derivatives are III. Explain what

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Task 3) Derivatives (13 points) Instruction: 1. "Derivatives are tools to minimize financial risks. Give a short description about what Derivatives are III. Explain what (a) Forwards (b) Futures and (c) Options are and give an example each

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