Multiple Choice
The notional amount of a derivative instrument is
A) related to the number of units specified in the derivative and the price that relates to the asset or liability underlying the derivative.
B) the change in the price or rate that relates to the asset or liability underlying the derivative.
C) the price or rate that relates to the asset or liability underlying the derivative.
D) the number of units that is specified in the derivative instrument.
Correct Answer:
Verified
Correct Answer:
Verified
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