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A derivative is a financial instrument whose value is a . intrinsic to the instrument iscelf. b . determined by the value of its undariying

A derivative is a financial instrument whose value is
a. intrinsic to the instrument iscelf.
b. determined by the value of its undariying asset.
c. based on the outright purchase of a financial asset.
d. based on the value of a postive-sum game between two parties.
a
b
C
d
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