Question 17 (Mandatory) (3.125 points) European-style options do not trade in the US True False Question 19 (Mandatory) (3.125 points) The long forward position can choose to satisfy its obligation to purchase the underlying asset from the short forward position at any point in time between contract initiation and contract expiration True False Question 20 (3.125 points) Consider a forward contract with a forward price of $35.50. What is the range of potential payoffs to the short forward position? Max of -$35.5 and min of negative infinity Max of infinity and min of $35.5 Max of infinity and min of - $35.5 Max of $35.5 and min of negative infinity Question 21 (3.125 points) True or false: The Black-Scholes Model assumes the returns of the underlying asset are known and constant True False