Which of these is nota defining characteristic of a derivative financial instrument according to the standards? A)A value dependent upon a specified interest rate or similar variable B)A newly acquired financial instrument C)A financial instrument to be settled at a later date D)A financial instrument that requires little or no initial net investment relative to other similar contracts

Question

Quizplus · Accepted Answer

A newly acquired financial instrument is not a defining characteristic of a derivative financial instrument according to the standards. The other three options are defining characteristics of a derivative financial instrument.

Which of These Is nota Defining Characteristic of a Derivative