An Option That Can Be Exercised Any Time Before Expiration

question 4

Multiple Choice

An option that can be exercised any time before expiration date is called:

• A) an European option
• B) an American option
• C) a call option
• D) a put option

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Definitions:

Physically Attractive

Characteristic of a person's physical appearance being aesthetically pleasing or appealing to others.

Well Adjusted

Describes an individual who is psychologically balanced, able to cope effectively with life's stresses, and engage in successful social interactions.

Competent

Having the necessary ability, knowledge, or skill to perform a task successfully.

Conceited

Holding an excessively favorable opinion of one's abilities, appearance, or worth.