What advantage do options contracts offer in hedging

contingent risks?

Options provide unlimited exposure to currency moves

Options eliminate the need for upfront premium payment

O Options offer flexilotity in taloring exposure and hedging cost

Roots of the Bond Market

Why did U$.$S$.$ government bond yields plunge in the

summer of $2011?$

Because of political turmoil in Washington, D$.$C$.$ resulting

in the U$.$S$.$ losing its "triple $A^2"$ debt rating

Because of a boom in the U$.$S$.$ stock market

Because of the strengthening of the U$.$S$.$ dollar

Roots of the Bond Market

Why did U$.$S$.$ government bond yields plunge in the

summer of $2011?$

Because of political turmoil in Washington, D$.$C$.$ resulting

in the U$.$S$.$ losing its "triple $A^2"$ debt rating

Because of a boom in the U$.$S$.$ stock market

Because of the strengthening of the U$.$S$.$ dollar

Roots of the Bond Market

Why did U$.$S$.$ government bond yields plunge in the

summer of $2011?$

Because of political turmoil in Washington, D$.$C$.$ resulting

in the U$.$S$.$ losing its "triple $A^2"$ debt rating

Because of a boom in the U$.$S$.$ stock market

Because of the strengthening of the U$.$S$.$ dollar