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Part 1 - Attempt 1/5 for 10 pts. Which of the following is true about a futures contract? O It gives its holder the right

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Part 1 - Attempt 1/5 for 10 pts. Which of the following is true about a futures contract? O It gives its holder the right but not the obligation to sell an asset at a specified expiration date, at a specified price called exercise price. O It calls for delivery of an asset at a specified price, on a specified delivery or maturity date. o It gives its holder the right to sell an asset on or before a specified expiration date, at a specified price called strike price. O The purchase price of a futures contract is called the premium. It calls for delivery of an asset at a specified price, on or before a specified delivery date. Submit

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