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A person steps into a major money center bank and tells the currency desk manager that he wants to buy a put option on CHF

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A person steps into a major money center bank and tells the currency desk manager that he wants to buy a put option on CHF (Swiss franc). After stating his desired exercise price, expiration date, and the amount of CHF he wants for the contract, he is given an indication by the bank. Based on this information, the contract is a(n) ___option. O Over-the-counter Exchange-traded funds New York Stock Exchange Nasda

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