Pls do not handwrite the answer, this is for easy reading

Question:-

3a) Explain the differences between an option and a forward contract.

3b) Suppose your company uses imported iron ore to produce steel rods for export. Discuss how your company can use options, forward and futures contracts to mitigate the risks of its business. 3c) When it comes to sourcing long terms financial resources, a company can issue 2 types of securities: bonds or shares 3ci) Assess the benefits and disadvantages of each of these sources of financing. 3cii) Preference shares and convertible bonds are both called " hybrid" instruments. Explain how they are structured and assess the similarities between them and why they are characterised as "hybrid". 3ciii) Discuss the impact of a rise in interest on bonds and shares