Agreements That Give the Right (But Not the Obligation) to Buy

question 61

Multiple Choice

Agreements that give the right (but not the obligation) to buy or sell an underlying asset at a specified price at a specified time in the future are known as:

• A)forwards.
• B)futures.
• C)coupons.
• D)swaps.
• E)options.

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Definitions:

Decrease

A reduction in size, number, value, or extent of something.

Work and Family Demands

The pressures and obligations from both one's professional life and personal family responsibilities, often highlighting the challenge of balancing the two.

Civic Responsibilities

Responsibilities of citizens in a society, which include obeying laws, voting, participating in civic life, and contributing to the community.

Personal Time

Time allocated by individuals for their own personal activities and interests, separate from work or other obligations.