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WAEC Commerce 2018 Objective — Question 23

Question 23 of 50 from the West African Examinations Council (WAEC) Commerce 2018 Objective paper, with the correct answer and a full explanation.

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A put option in the stock exchange is an option to

  • A. sellCorrect
  • B. not to sell
  • C. buy
  • D. not to buy

Explanation

A put option gives the holder the right to sell a financial asset at an agreed price.

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