ACI

3I0-012 · Question #655

Purchasing a USD/JPY call option is equivalent to:

The correct answer is C. Purchasing an JPY/USD put option. See the full explanation below for the reasoning.

Question

Purchasing a USD/JPY call option is equivalent to:

Options

ASelling an JPY/USD put option
BSelling a JPY/USD call option
CPurchasing an JPY/USD put option
DNone of the above

How the community answered

(35 responses)

A
17% (6)
B
9% (3)
C
71% (25)
D
3% (1)

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Full 3I0-012 Practice