The option that gives the owner the right to buy an asset at a fixed price at or before a certain date is called a

Question

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A call option is the option that gives the owner the right to buy an asset at a fixed price at or before a certain date. A put option, on the other hand, gives the owner the right to sell an asset at a fixed price at or before a certain date. Parity option and swaption are not related to this specific type of option. Therefore, option B is the best choice.

The Option That Gives the Owner the Right to Buy