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Is the Following Transformation Representative of a Physical Change or a Chemical

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Is the following transformation representative of a physical change or a chemical change? Is the following transformation representative of a physical change or a chemical change?   A)  chemical change because of the formation of elements B)  physical change because a new material has been formed C)  chemical change because the atoms are connected differently D)  physical change because of a change in phase


Definitions:

Stock Index Futures

Futures contracts where the underlying asset is a stock index, allowing investors to speculate on the future value of the index.

Transactions Costs

Expenses incurred when buying or selling securities, which can include brokerage fees, commissions, and other charges.

Leverage

Utilizing borrowed funds to amplify the possible returns on an investment.

Portfolio's Beta

A measure of the overall volatility or risk of an investment portfolio in comparison to the market as a whole.

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