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Basic Question 10 of 18
A put gives the owner the right ______.
B. but not the obligation to buy an asset at a given price
C. but not the obligation to sell an asset at a given price
A. and the obligation to sell an asset at a given price
B. but not the obligation to buy an asset at a given price
C. but not the obligation to sell an asset at a given price
User Contributed Comments 1
| User | Comment |
|---|---|
| ankurwa10 | option ~ choice, so never an obligation (see it from the holder's perspective, of course from the writer (seller's perspective there is an obligation) |
I used your notes and passed ... highly recommended!
Lauren
Learning Outcome Statements
determine the value at expiration and profit from a long or a short position in a call or put option
contrast forward commitments with contingent claims
CFA® 2025 Level I Curriculum, Volume 5, Module 2.