Which one of the following bonds would eliminate reinvestment risk?

A) zero-coupon bond

B) U.S. Treasury bond

C) discount bond

D) premium bond

One reason that writing options can be a viable and profitable investment strategy is that

A) an option writer can exercise the option to avoid a potential loss.

B) the option writer collects the quarterly dividends.

C) an option writer determines when the option is exercised.

D) many options expire unexercised.

Brandon Corp. stock is currently selling for $344 per share. Which of the following options is "in-the-money?

A) March 335 put

B) February 340 call

C) February 340 put

D) March 345 call

Which one of the following was the first listed exchange for stock options in the United States?

A) New York Stock Exchange

B) Philadelphia Board of Trade

C) Chicago Board Options Exchange

D) New York Options Exchange