Question: [15 MARK QUESTION , Answer appropriately] (QUESTION is exactly from the subject ,DERIVATIVES MANAGEMENT ) QUESTION HEDGING is to provide insurance against adverse

[15 MARK QUESTION , Answer appropriately]

(QUESTION is exactly from the subject ,"DERIVATIVES MANAGEMENT " )

QUESTION

" HEDGING is to provide insurance against adverse fluctuations in the price movements " Do you agree ? Discuss the statement.

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