A Short USD Put/JPY Call Option

question 266

Multiple Choice

A short USD put/JPY call option:

• A) Gives you the right but not the obligation to sell USD and buy JPY
• B) Gives you the right but not the obligation to buy USD and sell JPY
• C) Gives your counterparty the right but not the obligation to sell USD and buy JPY
• D) Gives your counterparty the right but not the obligation to buy USD and sell JPY

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Definitions:

Contributing Financially

Providing monetary resources or support to a project, individual, or organization.

Management

The act of organizing, planning, leading, and controlling resources efficiently and effectively to accomplish goals and objectives.

Positive Impact

Effects or outcomes that contribute beneficially to an individual, group, or environment.

Dissatisfied

Feeling of unhappiness or discontentment with something, often leading to a desire for change.