BUSINESS FINANCE II (İŞLETME FİNANSI II) - (İNGİLİZCE) Dersi Risk Management soru detayı:

PAYLAŞ:

SORU:

What is the definition of financial derivatives according to The Group of Thirty's?


CEVAP:

The Group of irty’s (1993) excellent definition of financial derivatives is: “In the most general terms, a derivatives transaction is a bilateral contract or payments exchange agreement whose value derives, as its name implies, from the value of an underlying asset or underlying reference rate or index. Today, derivatives transactions cover a broad range of “underlying”—interest rates, exchange rates, commodities, equities, and other indices”.