An agreement that grants the owner the right, but not the obligation, to buy or sell a specific asset at a specified price during a specified time period is called a(n)________ contract.
A)futures
B)obligatory
C)quoted
D)fixed
E)option

Name: An agreement that grants the owner the right, but not the obligation, to buy or sell a specific asset at a specified price during a specified time period is called a(n)________ contract. A)futures B)obligatory C)quoted D)fixed E)option
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Question

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The Answer is E

An Agreement That Grants the Owner the Right, but Not