Conditional currency options are
A. options that do not require premiums
B. options where the premiums are cancelled if a trigger level is reached
C. options that allow the buyer to decide what currency the option will be settled in
D. options with discount
Answer: Option B
Solution (By Examveda Team)
Conditional currency options are options where the premiums are cancelled if a trigger level is reached. A conditional call option is a provision attached to some callable bonds. Conditional call provisions are meant to protect investors if their high-yield bonds are called well in advance of maturity.This Question Belongs to Management >> International Finance And Treasury
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