AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 211 Topic 22 Discussion

AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 211 Topic 22 Discussion

CWM_LEVEL_2 Exam Topic 22 Question 211 Discussion:
Question #: 211
Topic #: 22

Section A (1 Mark)

A financial contract that obligates one party to exchange a set of payments it owns for another set of payments owned by another party is called a


A.

Hedge.


B.

Call option.


C.

Put option.


D.

Swap.


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