Question
A call option gives its owner the _____ a security at the strike price within the option period. 1. right, but not the obligation, to
A call option gives its owner the _____ a security at the strike price within the option period.
| 1. | right, but not the obligation, to sell | |
| 2. | obligation to buy | |
| 3. | right to borrow | |
| 4. | right, but not the obligation, to buy | |
| 5. | obligation to sell |
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Financial Management Principles And Applications
Authors: Sheridan Titman, John Martin
14th Global Edition
1292349824, 978-1292349824
