Options That Can Be Exercised at Any Time Up to Expiration

question 3

Multiple Choice

Options that can be exercised at any time up to expiration date are known as:

• A)Singapore options
• B)American options
• C)European options
• D)Swiss options

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Definitions:

Dividends in Arrears

Dividends on preferred shares that have not been paid in the scheduled time, accruing until they are paid out.

Footnotes

Additional information provided at the bottom of financial statements to offer more details about an entity's financial status or policies.

Stock Split

A corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares. Although the number of shares outstanding increases by a specific multiple, the total dollar value of the shares remains the same compared to pre-split amounts, essentially diluting the share price.