Examlex
Which of the following is not a current asset?
Derivative Security
A financial instrument whose value is dependent on the value of an underlying asset, such as options or futures.
Common Stock
A type of equity security that represents ownership in a corporation, giving holders voting rights and a share in the company's profits through dividends and/or capital appreciation.
Call Option
The right, but not the obligation, to buy an underlying asset at a specified strike price within a specified time frame.
Futures Contract
A binding contract to trade a certain commodity or financial asset at a fixed price, with the transaction set to occur on a specified date in the future.
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