A Foreign Currency Put Option Writer Has the Obligation to Sell

question 37

True/False

A foreign currency put option writer has the obligation to sell the underlying currency to the put option holder should the option be exercised.

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Definitions:

Pharmacotherapeutics

The study of how drugs are used to treat disease; also called clinical pharmacology.

Pharmacodynamics

The study of what drugs do to the body: the mechanism of action, or how they work to produce a therapeutic effect.

Mineral Source

A naturally occurring substance from which minerals can be extracted or obtained for various uses.

Potassium Chloride

A chemical compound often used as a medication or dietary supplement to treat or prevent low levels of potassium in the blood.