5. The price paid by the buyer of an option is called: A. Strike Price B. Exercise Price C. Execution price D. Cousin 6. A Call American Style option allows the buyer to: A. Sell the underlying asset at the exercise price on or before the expiration date B. Purchase the underlying asset at the exercise price on or before the expiration date C. Buy the underlying asset at the exercise price on the expiration date only D. None of the above 7. A Put option is out-of-the-money if: A. The strike is greater than the price of theaction B. The strike is less than the share price C. The strike is equal to the share price D. The price of the Put is equal to the price of the Call 8. Put option buyers anticipate that the price anticipate that the price ; and Call option sellers A. It will go down; Rise B. It will go down; Lower C. It will go up: Lower D. It will go up; Rise 9. The maximum loss that a Calls buyer can suffer is equivalent to: A. The strike price plus the premium paid B. The premium paid C. The price of the underlying asset minus the cost of the Call D. The price of the underlying asset