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Which of the following is true of a financial derivative? Select one: a. The price of a derivative is independent of its supply in the
Which of the following is true of a financial derivative? Select one:
a. The price of a derivative is independent of its supply in the market.
b. Derivatives can be used to multiply gains or losses from an asset.
O
c. Derivatives are not traded on exchanges and so cannot be regulated.
O
O
d. Derivatives can also be traded without any underlying asset.
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