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    Exam 3: Overview of Security Types
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    A Financial Asset That Represents a Claim on Another Financial
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A Financial Asset That Represents a Claim on Another Financial

Question 60

Question 60

Multiple Choice

A financial asset that represents a claim on another financial asset is classified as a ________ asset.


A) secondary
B) optioned
C) contracted
D) derivative
E) primary

Correct Answer:

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