Question: There is a defined link between the value of a derivative contract and its underlying. Given this relationship, what could you confidently recommend using derivatives

There is a defined link between the value of a derivative contract and its underlying. Given this relationship, what could you confidently recommend using derivatives for?

a. A substitute for the underlying

b. To speculate on the value of the underlying.

c. Risk management purposes.

d. All of the above.

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