Q634
Type of option which cannot be exercised before an expiry date which is classified as
A.
European option
AnswerB.
American option
C.
Australian option
D.
money option
Answer: Option A
Solution
Answer: Option A
Solution:
Type of option which cannot be exercised before an expiry date which is classified as European option. A European option is a type of put or call option that can be exercised only on its expiration date.