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

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Ranjeet

🎓 Tutor III ⭐ 34.60K Points

📊 Financial Markets and Institutions

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

(A) linked security
(B) derivative security
(C) payable security
(D) non- issuing security

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✅ Correct Answer: (B) derivative security

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