The Period Over Which a Call or Put Option Exists

question 61

Multiple Choice

The period over which a call or put option exists is

• A)determined by its delivery date.
• B)determined by its expiration date.
• C)determined by whether the contract is written for a commodity or for a financial instrument.
• D)indeterminate; options contracts continue in existence until either the buyer or the seller desires to discontinue it.

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Definitions:

Chefs

Professional cooks who manage kitchens and create recipes in restaurants, hotels, and other food service establishments.

No-Name Brand

Products that are sold without a brand name, often presented as lower-cost alternatives to named brands.

Versions

Different editions or releases of a product, often differentiated by features or improvements.

No Price Discrimination

A pricing strategy where a seller charges the same price to all customers for a product or service, regardless of differences in cost to serve them or their varying valuations.