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What is the difference between hedging and speculating

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Reference no: EM131867499

Why do investors buy and sell derivatives rather than the underlying assets?

What is the difference between hedging and speculating?

Please write a minimum of 450 words, APA 6th edition.

Add references and citations.

Book Reference: Hubbard, R. G., O'Brien, A. P. Money, Banking, and the Financial System. 2nd Edition. Boston MA.

Reference no: EM131867499

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