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Business, 03.06.2021 17:10 roxyfranciscus

Index option contracts settle in (A) shares of stock that are included in the index specified. (B) shares of an ETF that mirrors the index specified. (C) cash, with buyers of contracts receiving the market price of the index at the close of trading on the day of exercise. (D) cash, with buyers of contracts receiving the difference between the strike price and the market price of the index at the close of trading on the day of exercise.

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