n NISM Certifications
NSM General NISM
Medium

The price an option buyer pays to acquire the right is called?

Practice question from NISM Series I - Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Agreed Price

  2. Premium

    Correct answer

  3. C

    Strike Price

  4. D

    Sell Price

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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