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Which of the following is an example of a regressive tax?
European Options
Financial derivatives that give the holder the right, but not the obligation, to buy or sell an underlying asset at a specified price on the expiration date, unlike American options which can be exercised at any time before expiry.
European Options
Options that can only be exercised at the expiration date, not before.
Expiration Date
The date on which an option, futures contract, or similar financial instrument becomes void and the right to exercise it ceases.
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