Must the underlying of a derivative transaction be an asset that can be delivered at maturity? If

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Must the underlying of a derivative transaction be an asset that can be delivered at maturity? If so, explain why. If not, explain what happens when the contract matures. What are the two major requirements for an underlying to be successful? LO6

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Risk Takers

ISBN: 978-1547416097

3rd Edition

Authors: John E E Marthinsen

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