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    Exam 23: Options, Caps, Floors, and Collars
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    A Contract That Results in the Delivery of a Futures
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A Contract That Results in the Delivery of a Futures

Question 41

Question 41

Multiple Choice

A contract that results in the delivery of a futures contract when exercised is a


A) put option.
B) call option.
C) naked option.
D) futures option.

Correct Answer:

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