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Question 3 (1 point) What is NOT a major type of derivatives Options Futures Hedge funds Swaps Question 4 (1 point) How large

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Question 3: Hedge funds are Not a major type of derivatives whereas all the other choices constitute as derivatives. Hedge funds are investment funds which invest in a variety of instruments.

Question 4: The answer is $600 trillion as per the data from the Bank for International Settlements (BIS), the total notional amounts outstanding for contracts in the derivatives market is an estimated $542.4 trillion.

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