A. strong security
B. semi-strong security
C. derivate security
D. non-derivate security
✅ The correct answer is option C.
Type of financial security whose payoff is linked to any other security is called derivate security. A derivative is a financial security with a value that is reliant upon or derived from, an underlying asset or group of assets a benchmark.
Type of financial security whose payoff is linked to any other security is called derivate security. A derivative is a financial security with a value that is reliant upon or derived from, an underlying asset or group of assets a benchmark.