A buyer of a put option on fixed-income securities is most likely to:

A. exercise the option if interest rates rise.
B. let the option expire if the interest rates rise.
C. exercise the option if interest rates fall.
D. exercise the option if interest rates remain constant.
E. buy a call option also on the same securities.


A. exercise the option if interest rates rise.

Business

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Which of the following statements is true regarding a credit memorandum?

a. A credit memorandum is subtracted from the balance per the company's books. b. A credit memorandum could be issued for bank service charges. c. A credit memorandum is issued when a customer gives the company an NSF check. d. A credit memorandum is added to the balance per the company's books.

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Discuss the ways the major functions in HRM must be reconsidered in an international operation.

What will be an ideal response?

Business

Your name at the bottom of an e-mail message is an important part of the closing

Indicate whether the statement is true or false

Business

When Mohammed was hired by Pomico, Inc, he signed the following agreement, "Upon termination of my employment with Pomico, I agree not to work for a competing company within 20 miles of Pomico's headquarters for one year." This agreement, important to protecting secret information developed in the employer's business, is A) an unenforceable exculpatory agreement

B) an unenforceable usurious agreement. C) an enforceable bailment agreement. D) an enforceable agreement not to compete.

Business