|
LOS j: Compare and contrast American options on forwards and futures to European options on forwards and futures, and identify the appropriate pricing model for European options.
Q1. Early exercise of in-the-money American options on:
A) both futures and forwards is sometimes worthwhile.
B) forwards is sometimes worthwhile but never is for options on futures.
C) futures is sometimes worthwhile but never is for options on forwards.
Q2. Regarding deep in-the-money options on futures, it is:
A) sometimes worthwhile to exercise calls early but not puts.
B) never worthwhile to exercise puts or calls early.
C) sometimes worthwhile to exercise both calls and puts early.
Q3. Regarding deep in-the-money options on forwards, it is:
A) sometimes worthwhile to exercise calls early but not puts.
B) never worthwhile to exercise puts or calls early.
C) sometimes worthwhile to exercise both calls and puts early.
Q4. Which of the following statements is most accurate?
A) American options on futures are more valuable than comparable European options on futures.
B) American options on forwards are more valuable than comparable European options on forwards.
C) European options on futures are more valuable than comparable American options on futures. | 
发表于 2009-3-28 17:44
| 
