Options Contracts on Stocks May

question 113

Multiple Choice

Options contracts on stocks may

• A) grant the owner the right to buy the stock at a specified price over a specified period of time.
• B) grant the owner the right to sell the stock at a specified price over a specified period of time.
• C) depending on the type of contract, grant the owner the right to either buy or sell the stock at a specified price over a specified period of time.
• D) legally oblige the owner to buy the stock at a specified price over a specified period of time.

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