Explain the functions of the financial markets and highlight the role that the investment banker plays in the distribution of securities Note:

Question 1) Explain the functions of the financial markets and highlight the role that the investment banker plays in the distribution of securities Note: To deserve full marks: – Avoid plagiarism, any plagiarism above 12% discussion grade 0 -Copying from students or other resources will result in ZERO marks. – Support your answers with valid references. – No limit for word. 2) What are the three main categories of financial futures? How does the currency futures market differ from the foreign exchange market? 3) What is meant by the exercise or strike price on an option? Explain how options can be used to protect a short position. Use this book please • • Hirt, G., and Block, S. (2008). Fundamentals of investment management (9th ed.). New York: McGraw-Hill Irwin. ISBN: 9780073405155 (print). Bodie, Z., Kane, A., and Marcus, A. (2013). Essentials of investments (9th ed.). New York, NY: McGraw-Hill Higher Education. ISBN: 9780078034695 (print), 9780077502270 (e-text). Research real-life examples of Rahn contracts from news articles or business websites. You should analyze and identify the critical components of the contract and present their findings. (500-600 ) Use this book: • Kettell, B. (2011). Introduction to Islamic Banking and Finance. Chichester, U.K.: Wiley. ISBN: 9780470978047 (print version); ISBN: 9781119990604 (E-book).