Questions
Questions
Single choice

A foreign currency ________ option gives the holder the right to ________ a foreign currency, whereas a foreign currency ________ option gives the holder the right to ________ an option.

Options
A.A. call, sell, put, buy
B.B. call, buy, put, sell
C.C. put, hold, call, release
D.D. none of the above
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Step-by-Step Analysis
Let's analyze each option step by step to see how well they describe the standard definitions of currency options. Option A: 'A. call, sell, put, buy' — A currency call option gives the holder the right to buy the foreign currency, not to sell it. So 'call, sell' misstates the fundamental action of a call. Likewise, a currency put option gives the ri......Login to view full explanation

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