Which of the following is not true regarding options?
A) The buyer of a call option has the right to buy the currency at the strike price.
B) The writer of a call option has the obligation to sell the currency to the buyer if the option if exercised.
C) The buyer of a put option has the right to sell the currency at the strike price.
D) The writer of a put option has the obligation to sell the currency to the buyer if the option is exercised.
Correct Answer:
Verified
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