Question: Select from the option list provided the most appropriate term for each description below. Each choice may be used once, more than once, or not

Select from the option list provided the most appropriate term for each description below. Each choice may be used once, more than once, or not at all.

Description

Term

1. A strategy to protect an entity from adverse price movements
2. An agreement customized to the specific needs of the contracting parties
3. An agreement that is standardized and traded on an exchange
4. An agreement to exchange designated cash flows
5. An option contract that may be exercised at any time before the expiration date
6. An option contract that may be exercised only on the expiration date
7. The amount at which an option may be exercised
8. The right to purchase an asset at a fixed price on or before a given date
9. The right to sell an asset at a fixed price on or before a given date

Which term listed below matches 1-9

American Option

Call Option

European Option

Forward Contract

Futures Contract

Hedge

Put Option

Strike Price

Swap

Market Price

Exit Price

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