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FINRA Series 7

Category - Series 7

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An option that permits the holder to exercise the contract only at expiration is referred to as:

European style
American style
Nordic style
Asian style

Explanation

Answer: A - European style. These options can only be exercised at the expiration date while American style options can be exercised at any time prior to expiration.

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FINRA Series 7

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FINRA Series 7

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