Gover bonds

The birth of the Euro

A) resulted in fixed exchange rates between all EMU member countries. B) resulted in flexible exchange rates between all EMU member countries. C) resulted in crawling-peg exchange rates between all EMU member countries. D) resulted in non currency board exchange rates between all EMU member countries. E) resulted in floating exchange rates between all EMU member countries.

All other things held constant, premiums on options will increase when the

A) exercise price increases. B) volatility of the underlying asset increases. C) term to maturity decreases. D) futures price increases.