An instrument developed to help investors and institutions hedge interest-rate risk is

A) a debit card.
B) a credit card.
C) a financial derivative.
D) a junk bond.

C

Economics

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From 1950 till 2009 the four-quarter growth rate of real GDP has been as high as ________ percent and as low as ________ percent

A) 8.1; -2.8 B) 12.6; -3.9 C) 3.2; 2.5 D) 5; -10

Economics

A nation's annual balance of payments statement must always balance because:

A. A nation's imports are limited to the value of its exports B. A nation's exports and imports are always paid with dollars C. All international transactions must be settled in one way or another D. A trade deficit must be matched by an equal surplus of investment income

Economics