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Currency options sold through an options exchange contain: a. a right...

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Accounting

Currency options sold through an options exchange contain:

a. a right but not a commitment to the owner, and are standardized.
b. a commitment to the owner, and are standardized.
c. a right but not a commitment to the owner, and can be tailored to the owner's desire.
d. a commitment to the owner, and can be tailored to the owner's desire

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