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  3. 2. what is a put option? what everyday product tha

2. What is a Put Option? What everyday product that anybody who drives a car...

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2. What is a Put Option? What everyday product that anybody who drives a car is similar to a Put option? Why is it similar? 3. What might a producer of Wool or another commodity use a Future or a Forward contract for. How do they differ? (not too much detail required)

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