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Which of the following characterisation of a Call option is TRUE: A It is the right to buy an asset

Finance

Which of the following characterisation of a Call option is TRUE: A It is the right to buy an asset. B It is the obligation to sell an asset. C It is the obligation to buy an asset. D It is the right It is the right to sell an asset. E None of the above. 

Option 1

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Option 2

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