ACI
3I0-012 · Question #186
An option contract that gives the buyer the right to exercise the option at several distinct points during its life is called:
The correct answer is C. Bermudan option. See the full explanation below for the reasoning.
Question
An option contract that gives the buyer the right to exercise the option at several distinct points during its life is called:
Options
- AEuropean-style option
- BAmerican-style option
- CBermudan option
- DAsian option
How the community answered
(47 responses)- A15% (7)
- B4% (2)
- C72% (34)
- D9% (4)
Community Discussion
No community discussion yet for this question.