n NISM Certifications
XIII NISM Series XIII
Medium

In exercising a call option on an index, the option holder receives from the option writer an amount equal to the excess of the spot price over the strike price.

Practice question from NISM Series XIII for SIF - Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. True

    Correct answer

  2. B

    False

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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