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I need help for number 13,14 Suppose you bought a call option on oil with a strike price of You plan to hold the option
I need help for number 13,14 Suppose you bought a call option on oil with a strike price of You plan to hold the option until expiration. If the market price of oil on the expiration date turns out to be you will a. Exercise your right to buy oil at $88.12 b. Exercise your right to buy oil at c. Exercise your right to sell oil at $85.55 d. Let the option expire e. None of the above Which of the following statements is true regarding derivatives contracts? a. The holder of an American style put option has the right, but not the obligation, to buy the underlying asset at the strike price on or before the expiration date. b. The holder of an American-style call option has the right, but not the obligation, to sell the underlying asset at the strike price on or before the expiration date. c. The buyer in a futures contract has the right, but not the obligation, to sell the underlying asset at the strike price on or before the expiration date. d. The buyer in a futures contract has the right, but not the obligation, to buy the underlying asset at the strike price on or before the expiration date. e. None of the above
I need help for number 13,14
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