An Option That May Be Exercised at Any Time Up

question 434

Multiple Choice

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

• A) Futures option.
• B) Asian option.
• C) Bermudan option.
• D) European option.
• E) American option.

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Definitions:

Thesis Statement

A sentence or two in an essay or similar document that presents the central argument or claim of the text.

Schedule

A plan for carrying out a process or procedure, listing all the required steps and the timing for each step.

Call To Action

A prompt on a website or in an advertisement, urging the viewer to take a specific action.

Restate Thesis

The practice of repeating the main argument or claim of an essay or speech in a different way, typically in the conclusion to reinforce the point.