American Bankers Association Exam CTFA Topic 8 Question 67 Discussion

Actual exam question for American Bankers Association's CTFA exam

Question #: 67
Topic #: 8

[All CTFA Questions]

Financial instrument whose return is derived from the return on another instrument is known as a/an:

ADerived security

BFixed income security

CEquity security

DMoney market security

Show Suggested Answer

Suggested Answer: C

by Glory at Jun 03, 2024, 07:01 AM

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2 days ago

I agree with Henriette, because a derived security's return is based on another instrument.

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3 days ago

I think the answer is A) Derived security.

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