An American option allows the holder to ________. a. Exercise the option only on the expiration date
Question:
An American option allows the holder to ________.
a. Exercise the option only on the expiration date
b. Exercise the option at any time up to and including the expiration date
c. Sell stocks, and a European option allows the holder to purchase stocks
d. Purchase stocks, and a European option allows the holder to purchase bonds
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The correct answer is b Exercise the option at any time up to and incl...View the full answer
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