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4.Which of the following investors may be obligated to buy stock? Select one: a. uses a covered call strategy b. call buyer c. put writer
4.Which of the following investors may be obligated to buy stock?
Select one:
a. uses a covered call strategy
b. call buyer
c. put writer
d. uses a protective put
e. none of the answers given are correct
5.A market in which the price equals the true economic value Select one:
a. Has high expected returns
b. Is organized
c. Is risk-free
d. Is efficient
e. all of the above
6.Which of the following contracts obligates a buyer to buy or sell something at a later date? Select one:
a. Swaption
b. Put
c. Call
d. Cap
e. Futures
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