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

NEW QUESTION: 2

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

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 put option
B. an equity warrant
C. a subordinated debenture
D. a zero coupon bond
Answer: B