Which of the following is not an example of a financial derivative?
A) Options
B) Mortgages
C) Interest-rate swaps

Question

Quizplus · Accepted Answer

Mortgages are not financial derivatives; they are types of loans secured by the collateral of specified real estate property. Financial derivatives, such as options and interest-rate swaps, are financial instruments whose value is dependent on the value of an underlying asset or benchmark.

Which of the Following Is Not an Example of a Financial