Question 20 2 pts The difference between American options and European options is that the former Trade on options exchanges while the latter only trade over-the-counter (OTC). Are subject to default risk, while the latter are not Are regulated by the Securities and Exchange Commission (SEC), while the latter are not Use direct quotes while the latter use indirect quotes. Can be exercised at any time, while the latter can only be exercised at maturity. Question 21 2 pts For a call option, all else the same, an increase in which of the following factors would cause the value of the call option to rise? Volatility, maturity, asset price Volatility, dividends, asset price Asset price, strike price, dividends Strike price, volatility, maturity Maturity, dividends, asset price