A ________ Is a Derivative Security That Grants the Owner

question 37

Multiple Choice

A ________ is a derivative security that grants the owner the right,but not the obligation,to buy an asset at a fixed price during a specified period of time.

• A)call option
• B)futures contract
• C)put option
• D)swap
• E)forward contract

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Definitions:

Self-Esteem

A person’s evaluation of his or her attributes or the positive or negative valence associated with those attributes. In William James’s opinion, self-esteem depends on the number of successes we enjoy relative to our aspirations.

Autonomy

In Ryan and Deci’s self-determination theory, one of three basic or universal needs. Being in control of oneself, or feeling that one’s behavior is congruent with one’s “true self,” meaning that it is intrinsically motivated.

Emotional Response

The automatic, psychological reaction to an external event or internal thought process, often experienced through feelings such as joy, fear, or anger.