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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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