An Option Where the Holder Has the Right to Sell

question 51

Multiple Choice

An option where the holder has the right to sell foreign currency to the writer of the option is a

• A) forward option.
• B) put option.
• C) call option.
• D) swap option.

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Definitions:

Ethical Dilemma

A situation in which a person must choose between two or more conflicting moral principles.

Psychological Research

The systematic study of mental functions, behaviors, and processes through various research methods and experimental studies.

Placebo Effect

A phenomenon where patients experience perceived or actual improvements in their health after receiving a treatment that has no therapeutic effect.

Sugar Pill

A placebo; an inert substance given to a participant in a study, used to control for the effects of mere administration of treatment.