The Last Day on Which an Owner of an Option

question 185

Multiple Choice

The last day on which an owner of an option can elect to exercise is the ___________ date.

• A) Ex-payment.
• B) Ex-option.
• C) Opening.
• D) Expiration.
• E) Intrinsic.

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Definitions:

Weakest Degree

The minimum intensity or level at which a particular phenomenon or condition exists or is perceptible.

Random Sample

a sample that fairly represents a population because each member has an equal chance ofinclusion.

Representative of the Population

A sample group or individual characteristics that accurately reflect the larger population from which they're drawn.

Positive Correlation

A relationship between two variables in which both variables move in tandem, meaning as one variable increases, the other one also increases.