Trading in "Exotic Options" Takes Place Primarily

question 85

Multiple Choice

Trading in "exotic options" takes place primarily

• A) on the New York Stock Exchange.
• B) in the over-the-counter market.
• C) on the American Stock Exchange.
• D) in the primary marketplace.
• E) None of the options.

---

Definitions:

Exchange Rate

The price at which two different currencies are exchanged, for example, ¥10 to the dollar, or $.010 per yuan.

Exchange Rate

The value of one currency for the purpose of conversion to another, reflecting the international market value of a nation's currency.

Exchange Rate

The price of one currency expressed in terms of another currency, used in converting from one currency to another.

Interest Rates

The cost of borrowing money, expressed as a percentage of the amount borrowed, over a specific period of time.