Kris Corporation has the option to sell its investment in Joshua bonds at P4,500,000. It can exercise the option every third Wednesday of the next three months. The contract is a/an  A.)European call option B.)American put option c.)Asian call option D.)Bermuda put option

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter6: Fixed-income Securities: Characteristics And Valuation
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Kris Corporation has the option to sell its investment in Joshua bonds at P4,500,000. It can exercise the option every third Wednesday of the next three months. The contract is a/an 

A.)European call option

B.)American put option

c.)Asian call option

D.)Bermuda put option

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