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Number of Pages 5
This 5 page paper is a comprehensive introduction to derivatives. The paper explains what they are, what give rise to derivative markets, gives examples of derivatives and the way they reduce or transfer risk, what they do with that risk, and the benefits and problems associated with derivatives. The paper includes discussions on forward contracts, futures, options and swaps. The bibliography cites 10 sources.
File: TS14_TEderivative.rtf
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