The type of financial security which have linked payoff to another issued security is classified as Options: A . &nbsplinked security B . &nbspderivative security C . &nbsppayable security D . &nbspnon-issuing security

The type of financial security which have linked payoff to another issued securi

Question

The type of financial security which have linked payoff to another issued security is classified as

Options:

A . linked security

B . derivative security

C . payable security

D . non-issuing security

Answer: Option B
Answer: (b).derivative security

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