The Main Advantage(s) of Over-The-Counter Foreign Currency Options Over Exchange

question 39

Multiple Choice

The main advantage(s) of over-the-counter foreign currency options over exchange traded options is (are) :

• A) expiration dates tailored to the needs of the client.
• B) amounts that are tailor made.
• C) client desired expiration dates.
• D) all of the above

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Definitions:

Inventory

Inventory comprises goods and materials that a business holds for the purpose of resale, manufacturing, or production.

Amortization of Premium

The gradual recognition in income statements of the excess amount paid over the face value of bonds over the bond's life.

Bonds Payable

Bonds payable refers to the amount a company owes to bondholders and must repay at maturity date, often including regular interest payments.

Accounts Receivable

Outstanding payments from customers to a firm for goods or services that have already been received or utilized but have not yet been settled.