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An Option Is a Contract That Gives Its Holder the Right

question 17

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An option is a contract that gives its holder the right to buy or sell an asset at a predetermined price within a specified period of time.


Definitions:

Dedication

The quality of being committed to a task or purpose.

Prognosis

A prediction of the outcome of a disease, condition, or the chance of recovery based on typical progress or other factors.

Illness

A condition of poor health perceived or experienced by an individual, often characterized by specific symptoms and signs.

Etiology

The study of the causes or origins of diseases and disorders.

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