An Option Contract That Can Be Exercised Up to and Including

question 102

Multiple Choice

An option contract that can be exercised up to and including the expiration date is called a(n) _______ option.

• A) European
• B) Put
• C) Call
• D) American
• E) Bermudan

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Definitions:

Profit Maximization Theory

The concept that businesses operate with the primary goal of increasing profits to the highest achievable level given their resources.

Martha Stewart

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The trading of a public company's stock or other securities by individuals with access to non-public, material information about the company.

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