Question 1 A call option gives you the obligation to buy an underlying security at a predetermined exercise price on a specific day. O False O True Question 2 The premium of an option contract is the gain of the writer and the loss of the buyer. False O True Question 3 Buy a call if you expect interest rates to fall. O False True Question 4 Buy a put if you expect interest rates to fall. O False O True Question 5 Regulators do not want small banks to write options, especially naked ones. O True False Question 6 Interest Rate Swaps is the largest segment of the global swap market, even bigger than swapping lunch sandwiches. O True False