The price for immediate delivery of a product is called the:
A) spot price.
B) exercise price.
C) forward price.
D) the impact price.

Question

Quizplus · Accepted Answer

The spot price is the price for immediate delivery of a product. This is in contrast to a forward price, which is the price for delivery at a later date, and an exercise price, which is the price at which an option can be exercised. "Impact price" is not a commonly used term in finance.

The Price for Immediate Delivery of a Product Is Called