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  • The three primary areas of financial management are: #111
  • What is the primary purpose of financial derivatives? #112
  • Which of the following is NOT a type of financial risk? #113
  • Hedging is a risk management technique that involves: #114
  • Which financial derivative gives the holder the right, but not the obligation, to buy or sell an asset at a specified price on or before a specified date? #115
  • A financial contract between two parties to exchange cash flows over time is called a: #116
  • Which of the following is NOT a type of credit derivative? #117
  • Insurance is a risk management technique that involves transferring risk to a/an: #118
  • Enterprise risk management is the process of: #119
  • Which of the following is NOT a step in the enterprise risk management process? #120
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