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Finra Exam Series-7 Topic 4 Question 18 Discussion
Actual exam question for
Finra's
Series-7 exam
Question #: 18
Topic #: 4
[All Series-7 Questions]
Topic #: 4
An option that permits the holder to exercise the contract only at expiration is referred to as:
Suggested Answer:
A
European style. These options can only be exercised at the expiration date while American style options can be exercised at any time prior to expiration.
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