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Which of the following statements a) , b) or c) is false?
Swaps
Financial agreements to exchange or "swap" cash flows or other financial instruments between two parties, typically involving interest rates, currencies, or commodities.
Index Futures
Financial contracts to buy or sell a financial index at a predetermined future date and price.
Short Position
An investment strategy where an investor sells a security that he does not own at the time of sale, typically borrowing it, and hopes to buy it back later at a lower price.
Counterparties
The other organization or party involved in a financial transaction or agreement.
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