CFA Practice Question

There are 206 practice questions for this study session.

CFA Practice Question

A type of option that can be exercised only on its expiration date is called a(an) ______.

A. American option
B. European option
C. Yankee option
Correct Answer: B

User Contributed Comments 4

User Comment
fmhp E...uropean= E...xpiration only
johntan1979 C is probably referring to Yankee 24 Timing Option
MathLoser [E]uropean = Expiration.

[A]merican = Anytime
walterli For freedom!
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