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11) Derivatives are the financial instruments that are : a) Derived by the investment banks, which then trade them b) Assets such as shares and

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11) Derivatives are the financial instruments that are : a) Derived by the investment banks, which then trade them b) Assets such as shares and bonds that derive their value from the value of the company that issues them. c) Assets whose rates of return must be derived from information published in financial pages. d) Assets that derive their value from underlying assets. Page 3 HA1022_T1_2015_Principles of Financial Markets

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