请问这个是哪里的知识点呢？

问题如下：

In derivative pricing, what is the expected return of a hedged position combining the underlying asset and a derivative contract?

选项：

A.The risk-free rate. B.The dividend yield. C.The convenience yield.

解释：

The hedged position should theoretically yield a return equal to the risk-free rate, as per the no-arbitrage principle used in pricing derivatives. 根据无套利原则，对冲头寸在理论上应该产生与无风险利率相等的回报，这一原则被用于衍生品定价。