Trading in "Exotic Options" Takes Place Primarily

question 85

Multiple Choice

Trading in "exotic options" takes place primarily

• A) on the New York Stock Exchange.
• B) in the over-the-counter market.
• C) on the American Stock Exchange.
• D) in the primary marketplace.
• E) None of the options.

Understand the arguments regarding the expense recognition of employee stock options.

Calculate diluted earnings per share including the impact of convertible securities.

Recognize the effect of stock transactions and treasury stock activities on financial statements.

Understand the impact of convertible bonds on diluted earnings per share calculation.