Which One of the Following Is Defined as an Option

question 31

Multiple Choice

Which one of the following is defined as an option that can only be exercised at expiration?

• A)European style option
• B)in-the-money option
• C)out-of-the-money option
• D)American style option
• E)derivative option

---

Definitions:

MAN

An acronym for Metropolitan Area Network, a network that spans a physical area larger than a LAN but smaller than a WAN, typically used to connect multiple buildings within the same city.

Geographic Area

A specific portion of the Earth's surface, defined by natural or artificial boundaries.

LAN

A Local Area Network, a computer network that interconnects computers within a limited area such as a residence, school, laboratory, or office building.

Network Operating System

A network operating system is software that controls the network hardware and provides services and functionalities required for network communication.