Question: Robert Citron Orange County case - http://www.prmia.org/sites/default/files/references/Orange_County.pdf (CASE pdf info)- a. what derivate strategy was used? b.what the trader was betting on, and how it

Robert Citron Orange County case -

http://www.prmia.org/sites/default/files/references/Orange_County.pdf (CASE pdf info)-

a. what derivate strategy was used?

b.what the trader was betting on, and how it failed?

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