Derivatives"Please respond to the following:
From the e-Activity, examine the derivatives that were involved in the financial collapse of 2008. Speculate on the most likely cause of the collapse. Support your position with one (1) example.Imagine that you are the CFO of an MNC with a million dollar obligation payable in euros in 90 days. Determine the type of derivative that you would use to protect yourself against either a drop in the dollar or an increase in the euro. Provide a rationale for your decision?