Examlex
Which of the following statements about running a macro is TRUE?
Marking To Market
This refers to the daily adjustment of accounts to reflect profits and losses in the value of securities.
Option Contract
A financial contract that gives the buyer the right, but not the obligation, to buy or sell an asset at a specified price on or before a specified date.
Derivative Security
A financial instrument whose value is based on the value of another asset.
Economic Exposure
Long-term financial risk arising from permanent changes in prices or other economic fundamentals.
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