An Option That May Be Exercised Only on the Expiration

question 73

Multiple Choice

An option that may be exercised only on the expiration date is called a(n) _____ option.

• A) European
• B) American
• C) Bermudan
• D) futures
• E) Asian

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Definitions:

Older Brother

A male sibling who is born before another sibling, often taking on roles of guidance or protection.

Younger Brother

A male sibling who is born after another sibling, sharing one or both parents in common.

Intimidating

Causing fear or apprehension often by being impressively large, powerful, intense, or capable.

Irritating

Causing annoyance, impatience, or mild anger, often through repetitive, bothersome, or frustrating behavior or occurrences.