AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 227 Topic 23 Discussion

AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 227 Topic 23 Discussion

CWM_LEVEL_2 Exam Topic 23 Question 227 Discussion:
Question #: 227
Topic #: 23

Section A (1 Mark)

A European call option allows the buyer to


A.

Sell the underlying asset at the exercise price on the expiration date.


B.

Sell the option in the open market prior to expiration.


C.

Buy the underlying asset at the exercise price on the expiration date.


D.

C and D.


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