If the vega of a put option is 5.1, an decrease in volatility from 34 to 33%

	A.	increases the value of the option by about 5.1.
	B.	increases the value of the option by about 0.051.
	C.	decreases the value of the option by about 5.1.
	D.	decreases the value of the option by about 0.051.

In a shout call option the strike price is $30. The holder shouts when the asset price is $40. What is the payoff from the option if the final asset price is $35?

	A.	$10
	B.	$5
	C.	$0
	D.	-$5

A Bermudan option is

	A.	an option where the payoff depends on whether a barrier is hit.
	B.	an option traded in the Bermudan securities exchange.
	C.	an American option which is exercisable only on specific dates.
	D.	an option where the payoff depends on the average value of a variable over a period of time.