The concept of futures trading is a relatively new idea.
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Q18: A call option grants the buyer the
Q19: Swaps are used to reduce default risk.
Q20: A swap eliminates all interest-rate risk.
Q21: All swaps experience a change in notional
Q22: The process of economic expansion and contraction
Q24: Futures trading is designed to protect an
Q25: The advantage of hedging is that it
Q26: Trading in financial futures by financial institutions
Q27: There is a relatively stable relationship between
Q28: Hedging can potentially reduce risk, according to
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