Which of the Following Can Only Be Exercised on the Expiration

question 323

Multiple Choice

Which of the following can only be exercised on the expiration date?

• A) American option.
• B) European option.
• C) Warrant.
• D) Convertible bond.
• E) Putable bond.

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Definitions:

Avoid Redundancy

The practice of eliminating unnecessary repetition or overlap in speech or writing to achieve clarity and efficiency.

Telegraphic Language

A concise and efficient form of communication using short and simple phrases, often utilized in telegraphic messages or in contemporary texting and messaging.

Subordination

The process of ranking various ideas or elements in a written document or speech to show their relative importance.

Correspondence

The exchange of messages or documents between individuals or organizations, often through letters, emails, or other forms of communication.