Question: Based on Bodnar, et al ( 1 9 9 6 ) , what is the ranking of industries in terms of their use of derivatives?

Based on Bodnar, et al (1996), what is the ranking of industries in terms of their use of derivatives? (from the most usage to the least usage of derivatives):(1) regulated industries such as transportation and utilities;(2) Commodity based industries;(3) Manufacturing industries;(4) Service industries.A)(1)>(2)>(3)>(4)B)(2)>(1)>(3)>(4)C)(2)>(3)>(1)>(4) D)(2)>(3)>(4)>(1)E) None of the above

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