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Section A (1 Mark)Which of the following is not a derivative transaction?

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Section A (1 Mark)

Which of the following is not a derivative transaction?

A.

An investor buying index futures in the hope that the index will go up.

B.

A copper fabricator entering into futures contracts to buy his annual requirements of copper.

C.

A farmer selling his crop at a future date

D.

An exporter selling dollars in the spot market

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Section A (1 Mark)Which of the following options is not true about CODICIL?
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TESTED 02 Aug 2025