Some conditional options require a premium if the trigger is reached anytime up until the expiration date; others require a premium only if the exchange rate is beyond the trigger as of the expiration date.

Question

Quizplus · Accepted Answer

This statement is true, as some types of conditional options require a premium if the trigger is reached anytime up until the expiration date, while others require a premium only if the exchange rate is beyond the trigger as of the expiration date.

Some Conditional Options Require a Premium If the Trigger Is