The Primary Purpose of Financial Futures Is To

question 93

Multiple Choice

The primary purpose of financial futures is to:

• A) benefit from increases in interest rates.
• B) protect against swings in interest rates or prices of financial assets.
• C) translate one currency into another.
• D) guarantee the repayment of loan principal.

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Definitions:

Coccyx

The coccyx, commonly known as the tailbone, is the final segment of the vertebral column in humans, comprising three to five small fused vertebrae situated at the base of the spine.

Frontal

Pertaining to the front, often used to describe the location of structures; in brain anatomy, refers to the region associated with decision making, problem solving, and emotions.

Maxilla

One of the two large bones that form the upper jaw, serving as a foundation for the face and support for the upper teeth.

Zygomatic

Pertaining to the cheekbone or zygoma, part of the facial skeleton.