Q.
1

Assertion (A): American style option, compared to European style, provides more freedom to option holders in exercising the option.

Reason (R): American style option can be exercised only at a specified date which is generally the expiration date.

Codes:

 

  • A

    Both (A) and (R) are correct. 

  • B

    Both (A) and (R) are wrong

     

  • C

    (A) is correct, but (R) is wrong 

  • D

    (A) is not correct, but (R) is correct