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This question belongs to Commerce Business And Commerce
Business and Commerce
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When a right to purchase securities is acquired it is know as ________.

Answer & Solution
Correct Answer: Option A
A call option is the right (not obligation) to buy stock in the future at a fixed price and a put option is the right (not obligation) to sell
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2 Comments
Richa Gupta
Richa Gupta 6 years ago
Its answer must be (a)- call option.
CA Pratik
CA Pratik 8 years ago
its a call option