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Basic Question 2 of 14
The owner of a ______ option anticipates the underlying security to ______ in terms of value.
II. put; decrease
III. call; increase
IV. call; decrease
I. put; increase
II. put; decrease
III. call; increase
IV. call; decrease
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Edward Liu
Learning Outcome Statements
identify the factors that determine the value of an option and describe how each factor affects the value of an option
CFA® 2025 Level I Curriculum, Volume 5, Module 8.