ACI
3I0-013 · Question #195
An American-style option is:
The correct answer is B. An option which can be exercised at any time between the purchase and expiration date. See the full explanation below for the reasoning.
Question
An American-style option is:
Options
- AAn option traded in USD
- BAn option which can be exercised at any time between the purchase and expiration date
- CAn option based on any US dollar instrument
- DAn option which can be exercised only on its expiry date
How the community answered
(31 responses)- A13% (4)
- B77% (24)
- C6% (2)
- D3% (1)
Community Discussion
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