An Option That Can Only Be Exercised on the Expiration

question 94

Multiple Choice

An option that can only be exercised on the expiration date is called a(n) :

• A) Implied option.
• B) European-style option.
• C) Parity call option.
• D) American-style option.
• E) Put option.

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Definitions:

Stanford-Binet Intelligence Scale

A standardized test that assesses intelligence and cognitive abilities in individuals, used extensively in educational and clinical settings.

Revised

Altered or modified, usually to include new information or corrections.

French

Refers to the language spoken by people in France and other countries or the culture and customs of France.

Mental Age

A measure of an individual's cognitive ability expressed in terms of the chronological age at which an average individual reaches the same level of mental performance.