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When a put option is exercised, the: A) writer of the option receives the option premium. B) writer of the option is obligated to buy

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When a put option is exercised, the: A) writer of the option receives the option premium. B) writer of the option is obligated to buy the underlying stock and pay the strike price. C) seller of the option receives the strike price. D) holder of the option pays the option premium and receives the underlying stock. E) holder of the option sells the underlying asset and receives the option premium. Question 9 0/1 poin If you are willing to sell a stock of Summer Drive Inc. and wish to receive the option premium you should: A) buy a put option on stock of Summer Drive Inc. B) either sell a call or buy a put option on stock of Summer Drive Inc. C) sell a call option on stock of Summer Drive Inc. D) buy a call option on stock of Summer Drive Inc. E) sell a put option on stock of Summer Drive Inc

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