978-0134083247 Chapter 22

subject Type Homework Help
subject Pages 6
subject Words 1237
subject Authors John C. Hull

Unlock document.

This document is partially blurred.
Unlock all pages and 1 million more documents.
Get Access
page-pf1
Hull: Fundamentals of Futures and Options Markets, Ninth Edition
Chapter 22: Exotic Options and Other Nonstandard Products
Multiple Choice Test Bank
1. An Asian option is a term used to describe which of the following
A. An option where the payoff depends on whether a barrier is hit
B. An option where the payoff depends on the average value of a variable over a period of
time
C. An option that trades on an exchange in the Far East
D. Any option with a nonstandard payoff
2. As the barrier is observed more frequently, a knock out option becomes which of the following
A. More valuable
B. Less valuable
C. There is no effect on value
D. May become more valuable or less valuable
3. There are two types of regular options (calls and puts). How many types of compound options
are there?
A. Two
B. Four
C. Six
D. Eight
4. There are two types of regular options (calls and puts). How many types of barrier options are
there?
A. Two
B. Four
C. Six
D. Eight
page-pf2
page-pf3
page-pf4
page-pf5
page-pf6

Trusted by Thousands of
Students

Here are what students say about us.

Copyright ©2022 All rights reserved. | CoursePaper is not sponsored or endorsed by any college or university.