Assertion (A) : The liability of the option buyer is limited in the currency options market. (2 marks)
Reason (R) : Option buyer need not exercise the option if the exchange rate is not favourable for him.
Codes :
(R) is correct and (A) is wrong.
Incorrect Answer(A) is correct and (R) is wrong.
Incorrect AnswerBoth (A) and (R) are correct.
Correct AnswerBoth (A) and (R) are wrong.
Incorrect AnswerExplanation:
Both (A) and (R) are correct.
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