Question: TRUE OR FALSE 1. an option contract is obligatory from the standpoint of an option writer. 2. PRESENT VALUE OF A SERIES OF FUTURE CASH

TRUE OR FALSE

1. an option contract is obligatory from the standpoint of an option writer.

2. PRESENT VALUE OF A SERIES OF FUTURE CASH FLOW IS SIMPLY EQUAL TO SUM OF ALL THOSE CASH FLOWS IF THE INTEREST RATE IS ZERO

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