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An investor who purchases a call option: Has the right to buy a given stock at a specified price during a designated time period. Has

An investor who purchases a call option:

Has the right to buy a given stock at a specified price during a designated time period.

Has the right to sell a given stock at a specified price during a designated time period.

Has the obligation to buy a given stock at a specified price during a designated time period.

Has the obligation to sell a given stock at a specified price during a designated time period.

None of the above.

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