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Introduction to Financial Derivatives by nivedita_h42404 is a document available to read on EtoBox.

What is Introduction to Financial Derivatives about?

Derivatives are financial instruments whose value is based on an underlying asset. Common underlying assets include stocks, bonds, commodities, currencies and interest rates. Derivatives allow investors to hedge risks but do not generate value on their own as hedging is a zero-sum game. The first futures exchanges date back to the middle ages but modern derivatives markets emerged in the 19th century. Derivatives can be used to mitigate various risks associated with international markets such as foreign exc

Author

nivedita_h42404

Language

EN