Question: Choose the incorrect statement: A) European option can be exercised only at its expiration date. B) Securities traded on exchanges are usually standardized. C) Securities

Choose the incorrect statement:

A) European option can be exercised only at its expiration date.

B) Securities traded on exchanges are usually standardized.

C) Securities traded on OTC markets usually do not have counterparty risk.

D)Option premium is the price which the buyer of an option pays to the seller of an option.

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