Which of the following can only be exercised on the expiration date?
A) American option.
B) European option.
C) Warrant.
D) Convertible bond.
E) Putable bond.

Question

Quizplus · Accepted Answer

European options can only be exercised on the expiration date, unlike American options which can be exercised at any time before expiration. Warrants, convertible bonds, and putable bonds have different mechanisms and are not restricted to exercise only on the expiration date.

Which of the Following Can Only Be Exercised on the Expiration