__________ are financial contracts the values of which are derived from the values of other underlying assets such as foreign exchange, bonds, equities, or commodities; examples include financial futures and options.
A)Standby letters of credit
B)Junk bonds
C)Unused credit lines
D)Derivatives

Question

Quizplus · Accepted Answer

The description matches that of derivatives, which are financial instruments that derive their value from underlying assets. Examples of derivatives include financial futures and options, interest rate and currency swaps, and credit derivatives.

__________ Are Financial Contracts the Values of Which Are Derived