Question
How is the cost of a delivery option paid? a. the long pays the short with a cash settlement b. the short pays the long
How is the cost of a delivery option paid?
a. the long pays the short with a cash settlement
b. the short pays the long with a cash settlement
c. a higher closing futures price
d. a lower closing futures price
e. none of the above
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McMillan On Options
Authors: Lawrence G. McMillan
2nd Edition
0471678759, 978-0471678755
