Question: A derivative is a financial instrument whose value is a . intrinsic to the instrument iscelf. b . determined by the value of its undariying
A derivative is a financial instrument whose value is
a intrinsic to the instrument iscelf.
b determined by the value of its undariying asset.
c based on the outright purchase of a financial asset.
d based on the value of a postivesum game between two parties.
a
C
d
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