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:

External Validity

The extent to which the results of a study can be generalized to other situations and to other people outside of the experimental setting.

Internal Validity

The extent to which a study can demonstrate that a causal relationship exists between two variables, free from the influence of extraneous variables.

Single-Case Experimental Designs

Research methods that focus on obtaining detailed information from individual participants to assess the impacts of interventions.

Interventions

Actions or processes of intervening, designed to improve health or alter the course of a disease, typically referring to treatments, therapies, or programs.