NO.PZ2018062007000005
问题如下：
Compared with contingent claims, the investor of forward commitments has:
选项：
A.
right to buy or sell the underlying asset at the end of contract.
B.
obligation to buy or sell the underlying asset at the end of contract.
C.
both obligation and right to buy or sell the underlying asset at the end of contract.
解释：
B is correct.
The holder of contingent claim has the right to buy or sell the underlying asset, while the holder of forward commitment has an obligation to buy or sell the underlying asset in the future.
中文解析：
本题考察forward commitment和contingent claim的区别，
forward commitment 合约双方在到期日，都有履行买/卖的义务
contingent claim 合约持有方有权利选择是否执行。
就是又有权利和义务是吧
