A(n) ________ gives the holder the right to buy a stated number of shares at a specified price for a limited time.

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A call option gives the holder the right to buy a stated number of shares at a specified price for a limited time. A stock index futures contract is an agreement to buy or sell a specific index at a future date. A put option gives the holder the right to sell a stated number of shares at a specified price for a limited time. An interest rate futures contract is an agreement to buy or sell an interest-bearing financial instrument at a future date.

A(n) ________ Gives the Holder the Right to Buy a Stated