MAP QUESTIONS Instructions: Choose the Letter on the Accompanying Map of the Map

question 41

Short Answer

MAP QUESTIONS
Instructions: Choose the letter on the accompanying map of the Mid-Atlantic States and Old Northwest that correctly identifies each of the following:

Brandywine Creek, Pennsylvania

---

Definitions:

American Put

An option contract giving the holder the right, but not the obligation, to sell a specified amount of an asset at a predetermined price before or on a specified expiration date.

European Call

An option contract that allows the holder to buy the underlying asset at a specific price only on the expiration date.

American Option

A type of options contract that allows the holder to exercise the option at any time before and including its expiration date.

Expiration Date

The specified date on which an option, futures contract, or other derivative ceases to exist.