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Data Types Created Using the Structure Statement Are Referred to as ____

question 14

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Data types created using the Structure statement are referred to as ____.


Definitions:

Futures Option Contracts

Options contracts that give the buyer the right, but not the obligation, to buy or sell a futures contract at a set price on or before a certain date.

Options Contracts

Financial derivatives that give buyers the right, but not the obligation, to buy or sell an underlying asset at a specified price on or before a certain date.

Currency Swap

A financial agreement to exchange currency between two parties at a set rate, often used to hedge currency risk.

Interest Rate Swaps

A financial derivative contract between two parties to exchange interest rate payments on a specified principal amount, typically involving the swap of fixed for variable interest rates.

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