Q.
1
Statement 1: An option which gives its holder the privilege of selling to other party a fixed amount of some stock at a stated price on or before a predetermined date is known as call option.
Statement 2: In a option, the holder has the privilege of purchasing from other party a fixed amount of some stock at a stated price on or before a predetermined date is known as put option.
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A
Statement 1 is correct, but 2 is incorrect
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B
Both the statements 1 and 2 are correct
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C
Statement 2 is correct, but 1 is incorrect
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D
Both the statements 1 and 2 are incorrect