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Complete the following statement with the choices provided below: An agreement to lease a car can be thought of as a set of derivative contracts.
Complete the following statement with the choices provided below:
An agreement to lease a car can be thought of as a set of derivative contracts. When someone leases a car, he or she agrees to make a series of fixed monthly payments; this is like (Choose an answer) a forward contractan optiona puta call. At the end of the lease, the lessee can purchase the car; this is like (Choose an answer) a forward contractan optiona puta call.
- A forward contract
- An Option
- A Put
- A Call
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