Question: 9. Derivatives are financial instruments that: a present high levels of risk and should only be used by the wealthy. b. shift risk among market

9. Derivatives are financial instruments that: a present high levels of risk and should only be used by the wealthy. b. shift risk among market participants. c. should only be used by people seeking high returns from low risk. d. represent the outright purchase of a bond. 13. A derivative derives its value from a. Underlying asset b. Forward contract c. Futures contract d. Options
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