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In: Finance

A derivative is a financial instrument with a value derived from a: regulatory body such as...

A derivative is a financial instrument with a value derived from a: regulatory body such as the FTC. primitive or underlying asset. specified risk. negotiated contract. a probability of occurrence.

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Expert Solution

A derivative is a financial instrument with a value derived from a primitive or underlying asset. The correct answer is underlying asset. Some underlying assets can be bondsn stocks, currencies, interest rates etc.


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