Cliquet Options Are Purchased Because

question 7

Multiple Choice

Cliquet options are purchased because

• A)A portfolio of forward start options is cheaper than buying them separately.
• B)There is diversification in a portfolio of forward start options.
• C)They are analogous to owning Asian forward options.
• D)It is the same as buying rolling forward start options but has the advantage of locking in possibly low volatilities today.

---

Definitions:

Target Audience

The specific group of people that content or messages are intended for.

Viral Marketing

A strategy that encourages individuals to pass on a marketing message to others, creating potential for exponential growth in the message's exposure and influence.

Employee Engagement

The level of enthusiasm and dedication an employee feels toward their job and company.

Blogosphere

The collective community of all blogs and blog authors, including the conversations and interactions within it.