Question
The importance of an underlying asset as part of a derivative contract is ... A) It is easily transportable from buyer to seller once ownership
The importance of an "underlying asset" as part of a derivative contract is ...
A) It is easily transportable from buyer to seller once ownership has been transferred
B) It is always the same type of asset for every derivative transaction
C) It has a consistent value that never changes over time
D) It provides an indication of the value of the derivative product to which it is linked
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Fundamentals of Multinational Finance
Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman
5th edition
205989756, 978-0205989751
