πŸ“Š International Financial Management
Q. European currency options can be exercised _______; American currency options can be exercised _______.
  • (A) any time up to the expiration date; any time up to the expiration date
  • (B) any time up to the expiration date; only on the expiration date
  • (C) only on the expiration date; only on the expiration date
  • (D) only on the expiration date; any time up to the expiration date
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βœ… Correct Answer: (D) only on the expiration date; any time up to the expiration date

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