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Which of the following describes LEAPS? A. Options which are partly American and partly European. B. Exchange-traded stock options with longer lives than regular exchange-traded

Which of the following describes LEAPS?

	A.	Options which are partly American and partly European.
	B.	Exchange-traded stock options with longer lives than regular exchange-traded stock options.
	C.	Option positions that last less than one year.
	D.	Options where the strike price changes through time.

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