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  • 19-04-2024
  • Business
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What is a compound option?
1) An option with the underlying asset being an option itself
2) An option on a portfolio of assets
3) An option on interest rates
4) An option with a fluctuating exercise price

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Dennis had a piece of rope that was 2.7 m long. He cut the rope into 3 equal pieces. Was each piece of rope greater than or less than 1 m?
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