Financial forward, futures, and options markets attempt to hedge interest rate and exchange rate risks and these instruments are known as
A)integrals.
B)derivatives.
C)money market mutual funds.
D)MMFs and integrals.

Question

Quizplus · Accepted Answer

Financial forward, futures, and options markets are known as derivative markets because the value of these instruments is derived from the value of an underlying asset or security, such as interest rates or currency exchange rates.

Financial Forward, Futures, and Options Markets Attempt to Hedge Interest