Multiple Choice
Which two of the following characteristics are key to making SPX options an easy choice as a hedge against an equity portfolio?
I. European style
II. American style
III. trade in whole or partial contracts
IV. cash settlement
A) III only
B) I and III only
C) I and IV only
D) II and III only
E) II and IV only
Correct Answer:

Verified
Correct Answer:
Verified
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