Question: What is a stock option? (Select all that apply) Select 3 correct answer(s) a) A derivative that can be used for the purpose of either

 What is a stock option? (Select all that apply) Select 3

What is a stock option? (Select all that apply) Select 3 correct answer(s) a) A derivative that can be used for the purpose of either hedging or speculation b) The ability to raise equity capital by creating and selling new shares of stock c) A contract that gives the buyer the right to either buy or sell a fixed number of shares at pre-determined price. d) An option in which the underlying asset is the stock of a publicly traded company

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