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Black-Scholes Assumes That All Options Are European,meaning That the Option

Question 36

Multiple Choice

Black-Scholes assumes that all options are European,meaning that the option can be exercised only on the date of the option's maturity.In reality,real options are often more like ____ options,which can be exercised early.


A) South American
B) Chinese
C) American
D) Russian

Correct Answer:

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