A financial instrument that derives its value from the values of other assets or other market-determined indicator.

(a) derivative financial instruments, derivatives
(b) intrinsic value
(c) hybrid security
(d) strike (exercise) price

Ans: (a) derivative financial instruments, derivatives

Business

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Which one of the following questions is NOT addressed by the person analysis?

A. Which instructional techniques are most appropriate for training employees? B. Do performance deficiencies result from a lack of knowledge, skill, or ability? C. Who needs training? D. Are employees ready for training?

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Answer the following statement(s) true (T) or false (F)

1. Transnational companies are companies that produce products in one country and export these products to many overseas countries. 2. A drawback of exporting is that high transportation costs can make it uneconomical, particularly in the case of bulk products. 3. Licensing is primarily utilized by manufacturing industries while franchising is used more often in service industries. 4. he advantages of franchising as an entry mode to global expansion are similar to the disadvantages of licensing. 5. The least preferred strategy when a company's competitive advantage is based on technology is the wholly owned subsidiary.

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