Question: 7. What does holding a put option do for an investor? Multiple choice answer: REQUIRES THE HOLDER TO EXPERIENCE FURTHER DOWNSIDE LOSSES BEYOND THE COST

7. What does holding a put option do for an investor?

Multiple choice answer:

REQUIRES THE HOLDER TO EXPERIENCE FURTHER DOWNSIDE LOSSES BEYOND THE COST OF THE PUT

GIVES THE HOILDER THE RIGHT TO SELL THE STOCK AT A SET (EXERCISE) PRICE

PUTS THE HOLDER AT AN ADVANTAGE WHEN THE SPOT PRICE CLIMBS STEADILY

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