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In finance, a derivative is a contract that derives its value from the performance of an underlying entity. This underlying entity can be an asset, index, or interest ...
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A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction.
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Fixed-income securities. • Stocks. • Real assets (capital budgeting). Part C Determination of risk-adjusted discount rates. Part D Introduction to derivatives.
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