The book used an example of call options and
A) libraries
B) hockey tickets
C) automobile transmissions
D) telephones

Question

Quizplus · Accepted Answer

The example of call options and hockey tickets is used to illustrate the concept of options in finance. Call options give the holder the right, but not the obligation, to buy an underlying asset at a specified price on or before a certain date. Hockey tickets are similar to call options in that they give the holder the right, but not the obligation, to attend a hockey game on a specified date.

The Book Used an Example of Call Options and