An Option That Can Be Exercised Only at a Specific

question 28

Multiple Choice

An option that can be exercised only at a specific set of dates is called a:

• A) forward contract
• B) lookback option
• C) American-Style option
• D) European-Style option
• E) Bermuda-Style option

---

Definitions:

Physically Punished

The act of inflicting pain or discomfort on someone as a response to their behavior, intended as a form of correction or discipline.

Aggressive

Exhibiting behavior intended to harm or intimidate others, whether physically, verbally, or psychologically.

Citizens

Individuals who are officially recognized as members of a country or state, having specific rights and responsibilities under its laws.

Catharsis

The process of releasing, and thereby providing relief from, strong or repressed emotions, often through art, drama, or psychological means.