a. 18. An option that can be exercised at anytime up to the expiration date is known as: An American Option. b. A European Option. c. An Asian Option 19. A EUR call/ USD put with a strike price 1.2050 and a current outright market price of 1.2275 is said to be: An In the Money Option. b. An Out of the Money Option. c. An At the Money Option a. 20. The writer for seller) of a CAD Put / EUR Call, has the right to: a. Sell CAD b. Sell EUR c. Buy EUR d. Has no right at all. 21. A collar (two or more options put together) is an example of a: Vanilla Option b. A Forward c. A Structured Option d. Premium 23. Fundamental Analysis could include all of the following measures except: a. Non-farm Payroll b. Trade Balance c. Head and shoulders Formations d. Fiscal Spending 24. In most cases the Premium paid for an option is paid: a. Upfront, when the option agreement is purchased b. At expiration of the option. Over the life of the option the CAD. 25. If you purchase a Putin CAD, you have the right to a Buy b. Sell c. No right