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Explain the Advantages of Protecting Against Interest-Rate Risk Using Options

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Essay

Explain the advantages of protecting against interest-rate risk using options rather than futures contracts.

Recognize the role and impact of patent trolls on innovation and market dynamics.
Understand the various methods of financing R&D and the associated costs.
Analyze the effects of technological advancements on market competition and monopoly power.
Understand the relationship between technological advancements and increased revenue through new product demand.

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