A Derivative Is A

question 73

Multiple Choice

A derivative is a:

• A) contract derived from a spot market rate.
• B) fixed exchange rate.
• C) flexible exchange rate.
• D) contract between firms for foreign currency.

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Definitions:

Foster Brother

A boy or man who is not one's biological brother but with whom one shares a parental guardian through a formal or informal foster care arrangement.

Adoptive Brother

A male sibling who has become part of a family through the process of adoption, establishing a legal and social relationship.

Ex-spouses

Individuals who were once married to each other but have since been legally divorced.

Remarriage

The practice of entering into a new marriage following the dissolution of a previous marriage through divorce or the passing away of a spouse.