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A Short USD Put/JPY Call Option

Question 374

Multiple Choice

A short USD put/JPY call option:


A) Gives you the right but not the obligation to sell USD and buy JPY
B) Gives you the right but not the obligation to buy USD and sell JPY
C) Gives your counterparty the right but not the obligation to sell USD and buy JPY
D) Gives your counterparty the right but not the obligation to buy USD and sell JPY

Correct Answer:

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