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    Exam 24: Hedging with Financial Derivatives
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    An Option That Can Be Exercised at Any Time Up
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An Option That Can Be Exercised at Any Time Up

Question 85

Question 85

Multiple Choice

An option that can be exercised at any time up to maturity is called a(n) ________.


A) swap
B) stock option
C) European option
D) American option

Correct Answer:

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