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NEW QUESTION: 1
What is a straddle?
A. A type of option
B. A level of risk on derivatives
C. A derivative strategy using options
D. A derivative benchmark
Answer: A

NEW QUESTION: 2

A. Option B
B. Option A
C. Option C
D. Option D
Answer: B

NEW QUESTION: 3
An instrument that gives the right to buy a stated number of shares of common stock at a specified price is known as:
A. a subordinated debenture
B. a put option
C. a zero coupon bond
D. an equity warrant
Answer: D