Question: Pure options are instruments that are Question 3 options: 1) Created by investors outside the firm. 2) Bought and sold primarily by investors and speculators.

Pure options are instruments that are

Question 3 options:

1)

Created by investors outside the firm.

2)

Bought and sold primarily by investors and speculators.

3)

Of greater importance to investors than to financial managers.

4)

All of the above.

5)

None of the above.

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