A European Call Option Allows the Buyer to

Multiple Choice

A European call option allows the buyer to

A) sell the underlying asset at the exercise price on the expiration date.
B) buy the underlying asset at the exercise price on or before the expiration date.
C) sell the option in the open market prior to expiration.
D) buy the underlying asset at the exercise price on the expiration date.
E) sell the option in the open market prior to expiration and buy the underlying asset at the exercise price on the expiration date.