Question: A _____ is a derivative security that gives the owner the right, but not the obligation, to sell an asset at a fixed price for
A _____ is a derivative security that gives the owner the right, but not the obligation, to sell an asset at a fixed price for a specified period of time.
| a. | futures contract |
| b. | call option |
| c. | put option |
| d. swap |
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