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An investor who owns a call option can close out the position by any of the following types of transactions except
Binomial Experiment
A statistical experiment that meets the criteria of having a fixed number of trials, each with two possible outcomes, independent trials, and a constant probability of success.
Independent Trials
Refers to experiments or processes in which the outcome of any given trial does not affect the outcomes of future or past trials.
Probability of Success
The likelihood of achieving a desired outcome or event.
Binomial Distribution
A probability distribution that represents the number of successes in a set number of independent binary (success/failure) experiments.
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