please answer the following, thanks!

Indicate whether the following statement is TRUE (T) or FALSE (F Derivative contracts allow a 1. financial institution to manage interest rate and foreign exchange risks. financial institution with a positive duration gap is exposed to interest rate declines and could hedge its interest rate risk by buying forward contracts. 2. A In a forward contract agreement, the quantity of product to be traded, the time of the actual trade and the price are determined at the time of the agreement 3. Macrohedging uses a derivative contract, such as a futures or forward contract, to hedge a particular asset or liability risk. 4