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A Call Option on a Share Is a Financial Instrument

Question 77

Multiple Choice

A call option on a share is a financial instrument defined by which of the following statements?


A) It obligates the investor holding it to sell the share at the specified price at the stated date in the future.
B) It obligates the investor holding it to buy the share at the specified price at the stated date in the future.
C) It gives the investor holding it the right,but not the obligation,to buy the share at the specified price at the stated date in the future.
D) It gives the investor holding it the right,but not the obligation,to sell the share at the specified price at the stated date in the future.

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