Which of the Following Describes a Cliquet Option

question 1

Multiple Choice

Which of the following describes a cliquet option

• A) An option to exchange one asset for another
• B) An instrument when the holder can choose between several alternative options
• C) An option on an option with predetermined strike prices for the two options
• D) A series of options with rules for determining strike prices

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Definitions:

Impression Management

Strategies individuals use to influence or control the perceptions others have of them, often through altering appearance or behavior.

Grandstanding

Grandstanding refers to the act of speaking or behaving in a way that seeks to attract admiration, attention, or support, often without genuine sincerity.

Instrumental Conditioning

A learning process in which behavior is modified through the use of rewards or punishments.

Reactance Avoidance

A behavior motivated by the desire to avoid or resist reactions against threats to one's personal freedom or autonomy.