1. A derivative is best described as a financial instrument that derives its performance by: A. passing...
Question:
1. A derivative is best described as a financial instrument that derives its performance by:
A. passing through the returns of the underlying.
B. replicating the performance of the underlying.
C. transforming the performance of the underlying.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: