1. The primary benefit of a futures exchange is
always knowing its exact location.
indemnifying counterparties against credit or default risk.
guarantee of trading volume.
intervention on the trader's behalf with government regulators.
availability of free legal services.
2. Stocks A and B had the following performance in the past three years. please calculate the average rate of return, standard deviation, and CV ratios for these two stocks. Which did better? year
stock A Stock B
2015 -0.02 0.08
2016 0.12 0.02
2017 0.26 0.02