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QUESTION 1 Sam opted to exercise his January-2020 option at the end of December 2019 and paid $5,230 at that time to acquire 100 shares

QUESTION 1 Sam opted to exercise his January-2020 option at the end of December 2019 and paid $5,230 at that time to acquire 100 shares of stock. Which one of the following did Sam own? a. European call b. European put c. American put d. American call QUESTION 2 The price that the holder of a call option pays for the underlying asset if the option is exercised is called the a. None of the options are correct. b. strike price. c. call premium. d. stock market price

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