Which Two of the Following Are Key to Making SPX

question 22

Multiple Choice

Which two of the following are key to making SPX options an easy choice as a hedge against an equity portfolio?
I.European style
II.American style
III.trade in whole or partial contracts
IV.cash settlement

• A) III only
• B) I and III only
• C) I and IV only
• D) II and III only
• E) II and IV only

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