Examlex
Ten-year-old Rowan does not play softball because he thinks it is a girls' sport.Which of the following would have helped Rowan make this evaluation?
Forward Contract
A customized contract between two parties to buy or sell an asset at a specified price on a future date.
Option Contract
An option contract is a financial derivative that confers the right, but not the obligation, to buy or sell an asset at a set price on or before a certain date.
Forward Contract
A customizable financial contract between two parties to buy or sell an asset at a specified price on a future date.
Option Price
The price at which the holder of an option can buy (call option) or sell (put option) the underlying asset.
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