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As a Security, Options Are Best Described by Which of the Following

Question 90

Multiple Choice
As a security, options are best described by which of the following?

As a security, options are best described by which of the following?


A) They have a very long maturity.
B) They can be a risky purchase for investors.
C) They do not legally obligate the holder to buy or sell.
D) They are not similar to futures contracts.

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