A financial asset whose rate of return is tied to the performance of the stock market or is based upon some other market indicator is known as a(n):

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Market-index certificates of deposit (CDs) are a type of financial asset whose rate of return is tied to the performance of a specific market index, such as the stock market. This means that the return on these CDs will vary based on how well the market index performs, making them different from traditional CDs, which have a fixed interest rate.

A Financial Asset Whose Rate of Return Is Tied to the Performance