"Derivative is a financial instrument or security whose payoffs depend on a more primitive or fundamental good. - Examples: grains, coffee, orange, gold, silver, foreign exchange, bonds and stocks - Financial derivative is a financial instrument whose payoffs depend on the financial instruments or security. Source: http://in.docsity.com/en-docs/Introduction_to_Derivatives_-_Security_Analysis_and_Portfolio_Management_-_Solved_Quiz_"
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