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    Financial Markets and Institutions Study Set 1
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    Exam 24: Hedging with Financial Derivatives
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    An Option That Can Be Exercised Only at Maturity Is
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An Option That Can Be Exercised Only at Maturity Is

Question 48

Question 48

Multiple Choice

An option that can be exercised only at maturity is called a(n) ________.


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

Correct Answer:

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