Question: 4. Indicate whether each statement references a Call or a Put. A. the right to buy the underlying security ____________________ B. provides insurance against a

4. Indicate whether each statement references a Call or a Put.

A. the right to buy the underlying security ____________________

B. provides insurance against a decline in prices ____________________

C. is in the money when the spot price exceeds the strike ____________________

D. the writer has unlimited loss _____________________

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