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1.A/an _________ is standardized contract for a fixed amount of a security and a defined, limited number of settlement dates. a.Option contract. b.Bond contract. c.Forward

1.A/an _________ is standardized contract for a fixed amount of a security and a defined, limited number of settlement dates.

a.Option contract.

b.Bond contract.

c.Forward contract.

d.Futures contract.

2.All of the following influence the price or premium of an option except:

a.The strike price (in-the-money versus out-of-the-money)

b.Fed funds rate.

c.Volatility.

d.Time to expiration.

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