An Option That Can Be Exercised at Any Time Up

question 85

Multiple Choice

An option that can be exercised at any time up to maturity is called a(n) ________.

• A) swap
• B) stock option
• C) European option
• D) American option

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Definitions:

Pre-Approach

A stage in the selling process where information is gathered about a potential client before making direct contact.

Marketing Mix

The combination of factors that can be controlled by a company to influence consumers to purchase its products, typified as product, price, place, and promotion.

Higher Horsepower

Refers to engines or machines with a higher capability to produce power, often resulting in better performance or efficiency.

Self-Propelled

Referring to machinery or vehicles that move by its own power mechanism without external force.