A long put position gives:
A) the right to sell a currency
B) a commitment to sell a currency
C) the right to buy a currency
D) a commitment to buy a currency

Name: A long put position gives: A) the right to sell a currency B) a commitment to sell a currency C) the right to buy a currency D) a commitment to buy a currency
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Question

Quizplus · Accepted Answer

A long put position grants the holder the right, but not the obligation, to sell a currency at a specified price within a certain period.

A Long Put Position Gives