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Low Exercise Price Options (LEPOs)are Physical Delivery-Based __________ Options with __________

Question 3

Multiple Choice

Low exercise price options (LEPOs) are physical delivery-based __________ options with __________.


A) call; an exercise price of typically one cent
B) call; a very low exercise price
C) European-type; an exercise price of typically one cent
D) European-type; a very low exercise price

Correct Answer:

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