The Value of a Derivative Contract Is Based on What

question 29

Multiple Choice

The value of a derivative contract is based on what?

• A)The price of an underlying commodity
• B)The price of an underlying market index
• C)The price of an underlying stock
• D)All of the above

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Definitions:

Above/Below Average

An analytical comparison indicating whether a value is greater than (above) or less than (below) the statistical average of a data set.

Banded Columns

A spreadsheet or database table display format where columns are alternately colored or shaded to enhance readability.

Fill Formatting

The process of applying background color, patterns, or images to a selected portion of a document or spreadsheet.

Banded Columns

Alternating column colors in a table or spreadsheet to improve readability.