Type of financial security whose payoff is linked to any other security is called

A strong security
B semi-strong security
C derivate security
D non-derivate security

Correct Answer: derivate security

Type of financial security whose payoff is linked to any other security is called derivate security. A derivative is a financial security with a value that is reliant upon or derived from, an underlying asset or group of assets a benchmark.
Bissoy MCQ
#Management #International Finance And Treasury

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