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25 Pages

### CH14TBV7

Course: PHYS 191, Spring 2010
School: Montclair
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Word Count: 6909

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14 Options CHAPTER and Corporate Finance I. DEFINITIONS OPTIONS a 1. A financial contract that gives its owner the right, but not the obligation, to buy or sell a specified asset at an agreed-upon price on or before a given future date is called a(n) _____ contract. a. option b. futures c. forward d. swap e. straddle OPTION EXERCISE b 2. The act where an owner of an option buys or sells the underlying asset, as...

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