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    Principles of Corporate Finance Study Set 5
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    Exam 20: Understanding Options
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    An Option That Can Be Exercised Any Time Before Expiration
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An Option That Can Be Exercised Any Time Before Expiration

Question 4

Question 4

Multiple Choice

An option that can be exercised any time before expiration date is called:


A) an European option
B) an American option
C) a call option
D) a put option

Correct Answer:

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