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Learning Goal: I’m working on a finance question and need support to help me learn.

1- What are the sources of risk to an investor who uses stock-index futures to

hedge an actively managed stock portfolio? How might you estimate the

magnitude of that risk?

2- Define American Depositary Receipt (ADR) and what are the advantages and disadvantages of ADR.

Note ********* ( Explain each part of Q and No Plagiarism )