Lecture Financial institutions, instruments and markets (7e): Chapter 19 – Viney, Phillips

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Lecture Financial institutions, instruments and markets (7e): Chapter 19 – Viney, Phillips

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Chapter 19 - Futures contracts and forward rate agreements. In this chapter, you will: Consider the nature and purpose of derivative products, outline features of a futures transaction, review the types of futures contracts available through a futures exchange, identify why participants use derivative markets and how futures are used to hedge price risk,...

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