Question: 1- Do Derivatives Have Their Own Language? Explain the essence and mechanics of forwards contracts. 2- How can Futures be Useful? Provide three examples of

1- Do Derivatives Have Their Own Language? Explain the essence and mechanics of forwards contracts.

2- How can Futures be Useful? Provide three examples of financial futures and describe how investors would use these contracts.

3- Are you Familiar with Bond Option Strategies? Discuss how bond options can be used for hedging strategies.

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