Exam (elaborations)
SOA Exam IFM QUESTIONS AND ANSWERS
- Course
- Institution
1. to manage risk 2. to speculate 3. to reduce transaction cost 4. to minimize taxes/avoid regulatory issues - Answer- 4 reasons for using derivatives bid price - Answer- the price at which market-makers will buy and end-users will sell ask/offer price - Answer- the price at which market-m...
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