A derivative is a financial instrument whose value is determined by
A)a regulatory body such as the FTC.
B)the value of an underlying asset.
C)hedging a risk.
D)speculation.

Name: A derivative is a financial instrument whose value is determined by A)a regulatory body such as the FTC. B)the value of an underlying asset. C)hedging a risk. D)speculation.
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Question

Quizplus · Accepted Answer

The value of a derivative is determined by the value of an underlying asset, such as a commodity or index.

A Derivative Is a Financial Instrument Whose Value Is Determined