Question: Time Consider the following statements: Statement 1: An American call option gives the buyer the right to buy the underlying asset at a predetermined exercise

Time Consider the following statements: Statement 1: An American call option gives the buyer the right to buy the underlying asset at a predetermined exercise price on option's expiration date. Statement 2: The seller of a put option has the obligation to sell the underlying asset at a predetermined exercise price at the di of the option buyer. Which of the following is likely? O a. Both statements are incorrect Ob. Only statement 1 is correct O C. Only statement 2 is correct
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