An important characteristic of options is
A) their constant cost.
B) their fungibility.
C) their protection by the CFTC.
D) their guaranteed minimum return.

Name: An important characteristic of options is A) their constant cost. B) their fungibility. C) their protection by the CFTC. D) their guaranteed minimum return.
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Question

Quizplus · Accepted Answer

Options are fungible, meaning they can be traded on exchanges and are interchangeable with other options of the same class and series.

An Important Characteristic of Options Is