Only The Most Financially Savvy Can Pass This Monetary Terms Quiz

Karyn Bailey|General Knowledge|13 Jan 2020

Which of the following is FALSE about derivatives?

35%
A sign displays the varying prices given for international capitol.
Retry Correct Incorrect A derivative is a contract that has a value based on assets such as bonds and interest rates, making them complex to understand. They are used to help mitigate risks such as foreign exchange rates.
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DANIEL LEAL-OLIVAS/AFP via Getty Images
DANIEL LEAL-OLIVAS/AFP via Getty Images

Which of the following is FALSE about derivatives?

  • They are a contract
  • They are easy to value
  • They were originally used in international exchange
  • They are used as a means of financial security
35%

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