An option that can be exercised only at a specific set of dates is called a:
A) forward contract
B) lookback option
C) American-Style option
D) European-Style option
E) Bermuda-Style option

Question

Quizplus · Accepted Answer

A Bermuda-Style option can be exercised only on specific dates, unlike European options which can only be exercised at expiration, and American options which can be exercised at any time before expiration.

An Option That Can Be Exercised Only at a Specific