QUESTION 5 A call option on IBM stock gives the buyer the right to buy IBM stock at the fixed exercise price. O True O False QUESTION 9 A risk premium is the additional return investors expect for assuming risk. True O False QUESTION 8 A seller of a put option on IBM stock obligates them to buy IBM stock should the put buyer exercise the option. True False QUESTION 12 Derivative markets make stock and bond markets more efficient. . True False