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A Calendar Spread Requires the Purchase and Sale of Two

Question 19

Multiple Choice

A calendar spread requires the purchase and sale of two calls or two puts in the same stock with


A) the same expiration date but different exercise prices.
B) the same exercise price but different expiration dates.
C) different exercise prices and different expiration dates.
D) the same exercise price and the same expiration month.
E) traded in different markets.

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