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. Which of the following describes a long position in an option? Select one alternative: A position that has been held for a long time.
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Which of the following describes a long position in an option? Select one alternative: A position that has been held for a long time. A position where an option has been purchased. A position which allows to purchase the underlying asset at the strike price. A position where there is more than one year to maturityStep by Step Solution
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