The Buyer of a Foreign Currency Call Option Has the ____

question 12

Multiple Choice

The buyer of a foreign currency call option has the ____ a fixed amount of a foreign currency.

• A) right to sell
• B) right but not the obligation to buy
• C) obligation to buy, only at expiration,
• D) obligation to buy

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Definitions:

Voltage Dropped

The reduction in electrical potential across a component or conductor as current passes through, indicative of resistance or load.

Control Circuit

An electrical circuit that controls the operation of a device, using signals or feedback to regulate the device's function.

Voltage Drop

The measurement of voltage lost through wiring, components, and connections due to electrical resistance.

Hydrometer

An instrument used to measure the density (specific gravity) of liquids.