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A Local Retail Store Allows You to Return the Merchandise

Question 162

Multiple Choice

A local retail store allows you to return the merchandise you purchase and get your money back for up to 30 days after the purchase date. The store has, in effect, provided each shopper with _______________ options.


A) American call.
B) European call.
C) American put.
D) European put.
E) Convertible bond.

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