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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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