Solved

An Option Gives the Buyer

Question 17

Multiple Choice

An option gives the buyer


A) The right but not the obligation to undertake the trade specified in the contract at maturity.
B) The obligation but not the right to undertake the trade specified in the contract at maturity.
C) The right to cancel the contract at any time prior to maturity.
D) The same obligation as in a forward contract.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions