An ________ option can be exercised only on its expiration date, whereas an ________ option can be exercised anytime between the date of writing up to and including the exercise date.
A)American; European
B)American; British
C)Asian; American
D)European; American

Question

Quizplus · Accepted Answer

A European option can only be exercised on its expiration date, while an American option can be exercised at any time before and including its expiration date.

An ________ Option Can Be Exercised Only on Its Expiration