Multiple Choice
Which of the following describes a cliquet option
A) An option to exchange one asset for another
B) An instrument when the holder can choose between several alternative options
C) An option on an option with predetermined strike prices for the two options
D) A series of options with rules for determining strike prices
Correct Answer:

Verified
Correct Answer:
Verified
Q2: As the barrier is observed more frequently,which
Q3: An Asian option is a term used
Q4: There are two types of regular options
Q5: In a shout call option the strike
Q6: A volatility swap is<br>A) An instrument that
Q7: Exotic options<br>A) Can always be hedged just
Q8: When can Bermudan options be exercised?<br>A) Any
Q9: A fixed lookback put option pays off
Q10: Which of the following is true of
Q11: Which of the following is the payoff