Type of financial security whose payoff is linked to any other security is called
A. strong security
B. semi-strong security
C. derivate security
D. non-derivate security
Answer: Option C
Solution (By Examveda Team)
Type of financial security whose payoff is linked to any other security is called derivate security. A derivative is a financial security with a value that is reliant upon or derived from, an underlying asset or group of assets a benchmark.This Question Belongs to Management >> International Finance And Treasury
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