Multiple Choice
What is a "put" option?
A) A contract that gives the holder the right to sell an instrument at a pre-specified price.
B) A contract that is derived from some other underlying quantity,index,asset or event.
C) A contract that gives the holder the right to acquire an instrument at a pre-specified price.
D) A contract that gives the holder the right to buy or sell something at a specified price.
Correct Answer:
Verified
Correct Answer:
Verified
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