Derivatives have become common place in large national banks. They can be very useful, but...

80.2K

Verified Solution

Question

Accounting

Derivatives have become common place in large national banks. They can be very useful, but also quite complicated. A major cause of the housing crisis can be tied back to derivatives. Research and describe one type of derivative you think would be useful to a financial institution. Describe that derivative and how it would be useful.

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!
Become a Member

Other questions asked by students