Which of the Following Is Not True Regarding Currency Options

question 5

Multiple Choice

Which of the following is not true regarding currency 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.

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Definitions:

Cultural Capital

The collection of knowledge, skills, education, and advantages a person has, which gives them a higher status in society.

Social Reproduction

The process by which societal norms, values, and hierarchies are perpetuated and maintained across generations.

Bourdieu

Pierre Bourdieu, a French sociologist and public intellectual who is known for his theories of habitus, cultural capital, and social fields.

Wealth Gap

The significant disparity in the distribution of assets, wealth, and income between different groups within a society, often highlighting issues of inequality.