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What is true about financial derivatives ? a. They are securities whose cash flows depend on the value of other assets. b. A stock option

What is true about financial derivatives?

a.

They are securities whose cash flows depend on the value of other assets.

b.

A stock option is an example of a financial derivative.

c.

An interest-rate swap is an example of a financial derivative.

d.

All of the above.

e.

Only a. and b.

f.

Only a. and c.

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