Question: Companies will often Use futures contracts. REQUIRED a Define a futures contract and discuss how it works. (3 marks) What is the main reason that

Companies will often Use futures contracts.

REQUIRED

a Define a futures contract and discuss how it works. (3 marks)

What is the main reason that a futures contract is used? (2 marks)

Provice an example of a futures contract mentioning the underlying asset. (2 marks)

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