An Option That May Be Exercised Only on the Expiration

question 73

Multiple Choice

An option that may be exercised only on the expiration date is called a(n) _____ option.

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

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Definitions:

The Lions Club

An international non-profit organization dedicated to community service and improving the lives of people worldwide.

Chamber Of Commerce

A group comprised of entrepreneurs and experts dedicated to advancing and defending the objectives of its participants in a local area.

Local Service

A service provided within a limited geographic area, typically catering to the needs of a community or specific locality.

Self-Control

Restraint exercised over one’s own impulses, desires, or emotions; temperance.