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Banks Can Use Futures Contracts to Both Speculate and Hedge

Question 31

Multiple Choice

Banks can use futures contracts to both speculate and hedge against future interest rate
Movements:


A) as they desire
B) according to restrictions placed on them by the clearinghouse
C) according to the restrictions placed on them by bank regulatory authorities
D) according to the restrictions placed on them by the Securities Exchange Commission

Correct Answer:

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