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