2. Which of the following is not a characteristic of a call option on a stock? A....

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2. Which of the following is not a characteristic of a call option on a stock?

A. A guarantee that the stock will increase B. A specified date on which the right to buy expires C. A fixed price at which the call holder can buy the stock

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Derivatives

ISBN: 9781119850571

1st Edition

Authors: CFA Institute

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