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The buyer of a put option contract: a. Receives the option premium in exchange for an obligation to buy an underlying asset. b. Pays an
The buyer of a put option contract:
a. Receives the option premium in exchange for an obligation to buy an underlying asset. |
b. Pays an option premium in exchange for a right to buy an underlying asset during a specified period of time. |
c. Pays the strike price at the time the option is purchased and in exchange receives the right to exercise the option at any time during the option period. |
d. Pays an option premium in exchange for a right to sell an underlying asset during a specified period of time. |
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