Describe in a few short sentences what role derivatives, Financial Management

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Describe in a few short sentences what role derivatives

Describe in a few short sentences what role derivatives played in the 2008 financial crisis. Give an example of how a derivative may be used to hedge risk and an example of how a derivative may be used as a speculative tool (i.e. just to make a directional bet on something).

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Financial Management: Describe in a few short sentences what role derivatives

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