The type of option that can be exercised only at the date of expiration is classified as ____________?

Correct answer: A. European option

  • A. European option
  • B. Canadian option
  • C. Australian option
  • D. American option

Explanation

A European option may be exercised only on its expiration date. An American option can be exercised at any time up to and including expiration, making it the usual contrasting option.

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