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Options Contracts on Stocks May

Question 56

Multiple Choice

Options contracts on stocks may


A) grant the owner the right to buy the stock at a specified price over a specified period of time.
B) grant the owner the right to sell the stock at a specified price over a specified period of time.
C) depending on the type of contract, grant the owner the right to either buy or sell the stock at a specified price over a specified period of time.
D) legally oblige the owner to buy the stock at a specified price over a specified period of time.

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