A derivative is an instrument/security whose value depends on the values of other more basic underlying variables, such as stock, bond or commodity prices, or currency exchanges True False Question 9 (1 point) Off-balance-sheet risk derives from a conflict of interest: Exposure to unregulated new derivative products with counterparty risk Moral hazard and systematic risk Future fees without additional capital requirements Immediate fee income without additional capital requirements Question 10 (1 point) Unlike forwards, futures are highly standardized, traditionally traded on an exchange, and marked to market daily. True False