In Working with ROPMs and Options Valuation,a Financial Option Is

Multiple Choice

In working with ROPMs and options valuation,a financial option is a(n)

A) obligation to purchase an asset at a later date at a fixed price.
B) obligation to either purchase or sell an asset at a later date at a strike price.
C) right to purchase an asset a later date at a strike price.
D) right to purchase or sell an asset a later date at a fixed price.