An Option That May Be Exercised at Any Time Up

question 48

Multiple Choice

An option that may be exercised at any time up its expiration date is called a(n) _____ option.

• A)futures
• B)Asian
• C)Bermudan
• D)European
• E)American

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Definitions:

Coercive Power

A form of power that is based on the ability to compel others to comply through threats or punishment.

Credibility

refers to the quality or power of inspiring belief; the capacity to be believed or trusted.

Unpleasant Consequences

Negative outcomes or effects that result from specific actions or decisions.

Personal Appeal

A leader's capacity to attract, engage, and influence others based on personal charisma, communication style, or interpersonal skills.