All of the following are characteristics of a derivative financial instrument except the instrument has...
50.1K
Verified Solution
Link Copied!
Question
Accounting
All of the following are characteristics of a derivative financial instrument except the instrument has one or more underlyings and an identified payment provision. requires or permits net settlement. requires a large investment at the inception of the contract. all of these are characteristics of derivatives.
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!