Why might a variable rate mortgage be considered a "derivative" and a fixed rate mortgage not?
What will be an ideal response?
The pure definition of a derivative is one in which its value is determined by the price of another item. ARMs often use LIBOR to determine their value, thus have their values "derived" from another security. This answer may, of course, be splitting hairs.
Business
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a. a combination of the formula and the key used for encryption b. another name for the encryption key c. the formula used to encrypt data d. always based on standards
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Market basket analysis is:
A) a data mart specific technique. B) a reporting technique. C) an RFM application. D) an OLAP application. E) a data mining technique.
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