Question: Which statement is true regarding a foreign currency option? Select one: a. A foreign currency option gives the holder the obligation to buy or sell

Which statement is true regarding a foreign currency option? Select one: a. A foreign currency option gives the holder the obligation to buy or sell foreign currency in the future b. A foreign currency option gives the holder the obligation to only sell foreign currency in the future c. A foreign currency option gives the holder the obligation to only buy foreign currency in the future d. A foreign currency option gives the holder the right but not the obligation to buy or sell foreign currency in the future e. A foreign currency option gives the holder the obligation to buy or sell foreign currency in the future at the spot rate on the future date

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