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FINRA Series 7 General Securities Representative Qualification Examination (GS) Series-7 Question # 89 Topic 9 Discussion

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FINRA Series 7 General Securities Representative Qualification Examination (GS) Series-7 Question # 89 Topic 9 Discussion

Series-7 Exam Topic 9 Question 89 Discussion:
Question #: 89
Topic #: 9

When an index option is exercised, settlement is made by:
A.

delivery of the underlying securities

B.

delivery of a futures contract

C.

cash

D.

any of the above

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Actual exam question for FINRA Series-7 exam by Kai8768 at Aug 3, 2025, 12:00:00 AM

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