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

NEW QUESTION: 2

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

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