Question: A contract whose payoff increases as a yield spread increases above some stated exercise spread is a Question 4 options: 1 ) put option. 2

A contract whose payoff increases as a yield spread increases above some stated exercise spread is a
Question 4 options:
1)
put option.
2)
call option.
3)
digital default option.
4)
futures option.
5)
credit spread call option.

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