Derivative Security

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First try
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窗体顶端
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[2 marks]- 1 of 3 ID: FRM.O.CP.01A
Select all of the features of purchasing a put option on the Australian Stock Exchange (ASX) from the list below: | This derivative security costs nothing to enter.（F） | | This derivative security is a tailored OTC contract.（F） | | This derivative security is a standardized exchange traded contract.（T） | | This derivative security is not an obligation.（T） | | This derivative security incurs a premium on purchase.（T） | | This derivative security is an obligation.（F） |
[1 out of 2]- Feedback * You are partly correct. * This derivative security is not an obligation: this option should have been selected. * This derivative security is a standardised exchange traded contract: you are correct. * This derivative security incurs a premium on purchase: this option should have been selected. * This derivative security is an obligation: this is not correct. * This derivative security is a tailored OTC contract: this is not correct. * This derivative security costs nothing to enter: this is not correct.
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Discussion * An option contract (both put and call) provides the holder with the right,