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A put option in the stock exchange is an option

A put option in the stock exchange is an option
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A To buy
  • B Not to sell
  • C Not to buy
  • D To sell
Correct Answer: Option D
Explanation:
A put option gives its holder the right, but not the obligation, to sell a specified security at an agreed price within a specified period or by a specified date. Therefore, a put option is an option to sell.

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