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    Principles of Managerial Finance
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    Exam 17: Hybrid and Derivative Securities
  5. Question
    An Option Is a Security That Is Neither Debt nor Equity
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An Option Is a Security That Is Neither Debt nor Equity

Question 128

Question 128

True/False

An option is a security that is neither debt nor equity but derives its value from an underlying asset that is often another security.

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