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AAFM Chartered Wealth Manager CWM_LEVEL_2 Question # 321 Topic 33 Discussion

CWM_LEVEL_2 Exam Topic 33 Question 321 Discussion:
Question #: 321
Topic #: 33

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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Actual exam question for AAFM CWM_LEVEL_2 exam by Phoenix19388 at May 2, 2026, 10:28:20 PM

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