A _____ is a derivative security that gives the owner the right,but not the obligation,to buy an asset at a fixed price during a specified period of time.

Question

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A call option gives the owner the right to buy an asset at a fixed price (known as the strike price) during a specific time period. The owner is not obligated to exercise this right, but has the option to do so if they believe the price of the underlying asset will increase in value.

A _____ Is a Derivative Security That Gives the Owner