Question
WHICH ONE ANSWER OF THE CURRENCY OPTIONS IS NOT TRUE: Select one: a. EUROPEAN OPTIONS CAN ONLY BE EXERCISED ON THE EXPIRATION DATE WHILE AMERICAN
WHICH ONE ANSWER OF THE CURRENCY OPTIONS IS NOT TRUE:
Select one: a. EUROPEAN OPTIONS CAN ONLY BE EXERCISED ON THE EXPIRATION DATE WHILE AMERICAN OPTIONS CAN BE EXERCISED AT ANY TIME UP TO AND INCLUDING THE EXPIRATION DATE. b. AN OPTION GIVES THE HOLDER THE RIGHT BUT NOT THE OBLIGATION TO BUY OR SELL A GIVEN QUANTITY OF AN ASSET TODAY FOR PRICES OF A FUTURE DATE. c. CALL OPTIONS GIVE THE HOLDER THE RIGHT BUT NOT THE OBLIGATION OF BUY A GIVEN QUANTITY OF SOME ASSET AT SOME TIME IN THE FUTURE AT PRICES AGREED UPON TODAY. d. PUT OPTIONS GIVE THE HOLDER THE RIGHT BUT NOT THE OBLIGATION TO SELL A GIVEN QUANTITY OF SOME ASSET AT SOME TIME IN THE FUTURE AT PRICES AGREED UPON TODAY.
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