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    Exam 10: Fixed Rate Derivatives
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    An Instrument Whose Price Depends on the Price of an Underlying
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An Instrument Whose Price Depends on the Price of an Underlying

Question 57

Question 57

Multiple Choice

An instrument whose price depends on the price of an underlying product is known as a:


A) market index.
B) two- way price.
C) derivative.
D) contingent cash flow.

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