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Question 14 Which of the following is false regarding options? I. The writer of a call option has the obligation to purchase the underlying currency from the option purchaser if the option is exercised. II. The purchaser of a call option has the right to purchase the underlying currency at the strike price III. The purchaser of a put option has the right to sell the underlying currency at the strike price. IV. The writer of a put option has the obligation to purchase the underlying currency from the option purchaser if the option is exercised a. I b. II c. III d. IV e. None of the above. All statements are correct