A Call Option Gives the Owner the Right to ________

question 15

Multiple Choice

A call option gives the owner the right to ________ an asset at a fixed price at some future date.

• A)sell
• B)buy
• C)hold
• D)exchange
• E)provide

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Definitions:

SRY Gene

Located on the Y chromosome in males, this gene codes for a transcription factor that binds to regulatory DNA. At about 5 weeks gestation, it turns on genes that start the production of other proteins responsible for the development of gonads into testes.

Zygotes

The initial cell formed when a new organism is conceived, created by the fusion of sperm and egg cells.

XY Chromosome

The combination of chromosomes characterized as male in humans, where a Y chromosome inherited from the father pairs with an X chromosome from the mother.