A ___________ Option Could Be Used to Pay Back the Initial

question 21

Multiple Choice

A ___________ option could be used to pay back the initial premium where the price falls ____________________,in which case the option is sometimes called a money back option.

• A) call; outside certain bounds
• B) contingent premium; within certain bounds
• C) put; before the expiry date
• D) put; within certain bounds

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Definitions:

Holophrases

Single-word expressions used by infants, which convey a complete thought or request.

Months

Units of time in calendars that approximate the natural period related to the motion of the moon; divisions of the year.

Dada

An art movement of the European avant-garde in the early 20th century, characterized by its mockery of materialistic and nationalistic attitudes.

Child-Directed Speech

A simplified and exaggerated form of language used by adults when communicating with young children, characterized by a higher pitch and slower tempo.