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June 2, 2024

What is meant by the exercise or strike price on an option? Explain how options can be used to protect a short position.

Assignment-3-FIN-403 Essay: Q1- What is meant by the exercise or strike price on an option? Explain how options can be used to protect a short position. Q2- What are the three main categories of financial futures? How does the currency futures market differ from the foreign exchange market? NOTE (((((Avoid plagiarism.))))) Answer should be explained in your own words. Use APA style of referencing. With at least 5 references. Support your answers with valid references. Not less than 400 words for each question Times New Roman (size 12, double-spaced). Questions must be deeply discussed + Answers must be well explained Please write the questions and their answers must be directly under it. Mention question number clearly in their answer.

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