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Financial Instruments
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What is a financial instrument?
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A contract that gives the buyer the right, but not the obligation, to buy or sell an asset at a specified price in the future.
A contract that gives the seller the right, but not the obligation, to buy or sell an asset at a specified price in the future.
A contract that obligates the buyer to buy or sell an asset at a specified price in the future.
A contract that obligates the seller to buy or sell an asset at a specified price in the future.
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