Currency Options Differentiate between a currency call option and a currency put option.

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter7: International Arbitrage And Interest Rate Parity
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 Currency Options Differentiate between a currency call option and a currency put option.

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Call options:

The call option gives the holder the right but not the obligation to purchase the stock.

Put options:

put option are the option which give the holder the right to vend the stock but not obligation to purchase the stock.

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