_____ allow an individual to buy a company's stock at a pre-determined price on or after a certain future date.

Question

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Options are financial contracts that enable an investor or trader to buy or sell an underlying asset like a stock, index, or commodity at a particular price or before a certain date. A call option, in particular, allows an individual to purchase a company's stock at a predetermined price on or after a specified future date.

_____ Allow an Individual to Buy a Company's Stock at a Pre-Determined