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Which of the following best describes a derivative? Question 13 options: A contract between two parties that is guaranteed by a third party. A contract

Which of the following best describes a derivative?

Question 13 options:

A contract between two parties that is guaranteed by a third party.

A contract with an indefinite execution date or value.

A contract that derives its value from another underlying security.

A contract issued in one currency that is settled in another currency.

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