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Basic Question 2 of 11

The sensitivity of the derivative price to a small change in the value of the underlying asset is called the ______.

A. delta
B. gamma
C. vega

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Craig Baugh

Learning Outcome Statements

describe methods for measuring and modifying risk exposures and factors to consider in choosing among the methods

CFA® 2025 Level I Curriculum, Volume 6, Module 6.