a. What are the two basic types of derivative instruments? b. Derivative markets are nothing more than

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a. What are the two basic types of derivative instruments?

b. "Derivative markets are nothing more than legalized gambling casinos and serve no economic function." Comment on this statement.

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Related Book For  answer-question

Foundations Of Financial Markets And Institutions

ISBN: 9780136135319

4th Edition

Authors: Frank J Fabozzi, Franco G Modigliani, Frank J Jones

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