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What is a derivative? Question 17 options: a) A derivative is a contract to buy or sell risky investments b) A derivative is an contract
What is a derivative? Question 17 options: a) A derivative is a contract to buy or sell risky investments b) A derivative is an contract whose value depends on, or is derived from the value of another asset, known as the underlying asset c) A derivative is a financial instrument that can only be used to hedge against risky investments d) A derivative is a contract whose value forces the value of its underlying asset to rise or fall
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