single choise : A put option allows the holder to:

A- buy the underlying asset at the strike

price on or before the expiration date.

B- sell the underlying asset at the strike

price on or before the expiration date.

C- sell the option in the open market

prior to expiration.

D-sell the underlying asset at the strike

price on or before the expiration date

and sell the option in the open market

prior to expiration.

E- buy the underlying asset at the strike

price on or before the expiration date

and sell the option in the open market

prior to expiration.

multiple choice : Treasury Inflation-Protected Securities ()

A- pay a fixed interest rate for life.

B- pay a variable interest rate that is

indexed to inflation.

C- provide a constant stream of income

in real (inflation-adjusted) dollars.

D- have their principal adjusted in

proportion to the Consumer Price

Index.

E- provide a constant stream of income

in real (inflation-adjusted) dollars and

D have their principal adjusted in

proportion to the Consumer Price

Index.