SIE Exam Practice Question 845
Question: 845
A call is an option to __________ a specified number of shares of stock during a specified period at a specified price. A buyer of a call option expects the price of the underlying stock to __________.
Correct Answer: B
Explanation:
A call is an option to buy a specified number of shares of stock during a specified period at a specified price. A buyer of a call option expects the price of the underlying stock to rise.
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