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jtfortwengler jtfortwengler
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2 years ago
Purchasers of stock options

▸ own a financial asset with benefits of firm ownership.

▸ have a claim on the profits of the firm issuing the underlying securities.

▸ have the obligation to buy or sell a predetermined amount of shares at the strike price.

▸ have the right to buy or sell a certain number of underlying shares.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
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pipi123pipi123
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2 years ago
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jtfortwengler Author
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2 years ago
Thanks for your help!!
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Just got PERFECT on my quiz
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This site is awesome
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