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Use the Following Statements to Answer the Following Question

Question 2

Multiple Choice

Use the following statements to answer the following question:
I.A call option provides insurance against the decrease of the stock price below the strike price.
II.The buyer of a call option pays a premium regardless of the underlying asset price.


A) I and II are correct
B) I is correct and II is incorrect
C) I is incorrect and II is correct
D) I and II are incorrect

Correct Answer:

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