Use of financial derivatives by companies

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Question: Financial Engineering such as financial derivatives have been associated with several high-profile corporate events that shook the global financial markets over the past two decades.To some critics,derivatives have played an important role in the near collapses or bankruptcies of some big companies such as Enron in 2001,Lehman Brothers,and American International Group(AIG)in 2008,globally.Provide arguments for and against the use of financial derivatives by companies.

Reference no: EM133322574

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