Which of the following is NOT true? The holder of a forward contract is obligated to buy
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Question:
Which of the following is NOT true?
The holder of a forward contract is obligated to buy or sell an asset.
The holder of a call or put option must exercise the right to sell or buy an asset.
A put option gives the holder the right to sell an asset by a certain date for a certain price.
A call option gives the holder the right to buy an asset by a certain date for a certain price.
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