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A(n)________ Is the Purchased Right,but Not the Obligation,to Buy or Sell

Question 32

Multiple Choice

A(n) ________ is the purchased right,but not the obligation,to buy or sell a specified number of shares of a stock or other security at a predetermined price during a specified period.


A) credit derivative
B) secured bond
C) option
D) financial future
E) commodity future

Correct Answer:

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