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John Locke believed all of the following EXCEPT that
Futures
Standardized contracts to buy or sell a specific asset at a predetermined price at a specified future date, used for hedging or speculation.
Forwards
A contract between two parties to buy or sell an asset at a specified price on a future date.
Swaps
Agreements to exchange two securities or currencies.
Profiling An Option
This term is not widely recognized in standard financial terminology. NO.
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