Purdue Global University Futures and Forward Contracts Discussion Futures and Forward ContractsForwards, futures and options have been used by financial in
Purdue Global University Futures and Forward Contracts Discussion Futures and Forward ContractsForwards, futures and options have been used by financial institutions for many years to hedge risk before swaps were invented. If a financial institution already had these hedging instruments, then why they need swaps? In your answer please include a discussion of the differences and similarities of: forwards, futures, options and swaps.
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