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Which of the following statements concerning corporate securities is FALSE? Possible Answers A One reason firms utilize derivative instruments is to protect themselves against the

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Which of the following statements concerning corporate securities is FALSE? Possible Answers A One reason firms utilize derivative instruments is to protect themselves against the effects of adverse changes in various external factors. Firms do not issue derivative securities to raise money. A futures contract is an order that you place in advance to buy or sell an asset or commodity. In a futures contract, the price is fixed when you place the order and paid at the time of the order. A forward contract is a tailor-made product that is not traded on an organized exchange

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