An Option That May Be Exercised Only on the Expiration

question 73

Multiple Choice

An option that may be exercised only on the expiration date is called a(n) _____ option.

• A) European
• B) American
• C) Bermudan
• D) futures
• E) Asian

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Definitions:

Intangible Assets

Non-physical assets possessing value, such as trademarks, patents, and goodwill.