D is corrent. Exchange rates, commodity prices, and an insurance index all qualify as underlyings. Shares of stock is a notional amount, not an underlying. A is incorrect. Exchange rates, commodity prices, and an insurance index all qualify as underlyings. Shares of stock is a notional amount, not an underlying. A is incorrect. Exchange rates, commodity prices, and an insurance index all qualify as underlyings. Shares of stock is a notional amount, not an underlying. C is incorrect. Exchange rates, commodity prices, and an insurance index all qualify as underlyings. Shares of stock is a notional amount, not an underlying.
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