________ Options Allow the Holder to Exercise the Option on Any

question 62

Multiple Choice

________ options allow the holder to exercise the option on any date up to and including the expiration date.

• A)European
• B)American
• C)Preference
• D)None of the above.

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Definitions:

Quantity Supplied

The amount of a good or service that producers are willing and able to sell at a given price over a specified period of time.

Law Of Demand

A fundamental economic principle stating that, all else being equal, as the price of a good or service decreases, consumer demand for it will increase, and vice versa.

Price

The quantity of currency projected, called for, or dispensed as remuneration for something.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price in a specific period.