A contract that gives the buyer the right to buy commodity or a foreign currency from the seller at a fixed price is called as

Name: A contract that gives the buyer the right to buy commodity or a foreign currency from the seller at a fixed price is called as
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Question

Quizplus · Accepted Answer

A call option gives the holder the right, but not the obligation, to buy an asset at a specified price within a specific time period. This applies to commodities, stocks, and foreign currencies.

A Contract That Gives the Buyer the Right to Buy