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QUESTION 42 The following statements regarding options are false, except for: a. The writer of a put option acquires the right to buy the underlying
QUESTION 42
- The following statements regarding options are false, except for:
| a. | The writer of a put option acquires the right to buy the underlying asset at the specified period. |
| b. | American options can be exercised only at expiration; European options can be exercised at any time prior to expiration. |
| c. | A long position in an underlying asset is the same as taking a short position in a put option. |
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