What Type of Financial Instrument Is Depicted in the Position

question 13

Multiple Choice

What type of financial instrument is depicted in the position diagram shown below?

• A) Forward sale
• B) Forward purchase
• C) Call option
• D) Put option

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Definitions:

Religious Discrimination

Unfair or prejudicial treatment of individuals or groups based on their religious beliefs or practices.

Title VII

A section of the Civil Rights Act of 1964 prohibiting employment discrimination based on race, color, religion, sex, and national origin.

Physical Force

The exertion of energy or strength upon an object or person, often resulting in a physical impact or change.

Police Patrolman

A police officer, typically one who patrols a specific geographical area to deter and detect crime as well as enforce laws.