CFA Practice Question

There are 206 practice questions for this study session.

CFA Practice Question

The buyer of a call option has the choice to exercise, but the writer of the call option has ______.

A. the choice to offset with a put option
B. the obligation to deliver the shares at exercise
C. the choice to deliver shares or take a cash payoff
D. the obligation to call the shares in
E. the choice of exercising the call or not
Correct Answer: B

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