An Option Gives Its Owner the Right to Buy or Sell

question 142

Multiple Choice

An option gives its owner the right to buy or sell an asset.This asset is generally

• A)preferred stock.
• B)mutual funds.
• C)corporate bonds.
• D)common stock.
• E)None of the above are correct.

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Definitions:

Product Mix

The total range of products that a company produces or sells, encompassing variety, features, and quality.

Product Lines

Groups of related products marketed by a company, which possess similar features, functions, or are targeted at similar markets.

Product Cluster

A group of related products marketed together to appeal to a specific market segment or to maximize their selling power.

Product Life Cycle

The sequence of stages from introduction to growth, maturity, and decline through which a product goes over its lifetime.