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An option that grants the right, but not the obligation, to sell shares of the underlying asset during a particular time period at a specified

An option that grants the right, but not the obligation, to sell shares of the underlying asset during a particular time period at a specified price is called:

Multiple Choice

  • an American call option.

  • either an American or a European option.

  • a European put option.

  • an American put option.

    Correct
  • a European call option.

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