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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:

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Suggested Answer: C

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

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Letha
1 months ago
I heard the exam has a new question: 'What do you call a financial instrument that's always late? A Derivative-ly.'
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Alica
7 days ago
A) Derived security
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Adell
2 months ago
Money market security? Really? I think I need to brush up on my financial instrument knowledge.
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Harrison
27 days ago
User 2
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Eliseo
28 days ago
User 1
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Myra
2 months ago
I'm not sure, but I think it could also be D) Money market security.
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Malcolm
2 months ago
Equity security? No way, this is clearly a derivative we're talking about!
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Kallie
2 months ago
Hmm, I'd go with fixed income security. Doesn't that sound right?
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Princess
2 months ago
A derivative security, of course! That's the correct answer.
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Tomoko
1 days ago
I always get confused between derivative and fixed income securities.
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Casie
3 days ago
Derivative securities can be quite complex to understand.
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Sheridan
23 days ago
I wasn't sure about that one, thanks for clarifying.
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Peggie
1 months ago
Yes, you're right! It's a derivative security.
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Daniel
2 months ago
I agree with Henriette, because a derived security's return is based on another instrument.
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Henriette
2 months ago
I think the answer is A) Derived security.
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