Consider Table 233 again. (LG 23-4) a. What happens to the price of a call when: The

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Consider Table 23–3 again. (LG 23-4)

a. What happens to the price of a call when:

The exercise price increases?

The time until expiration increases?

b. What happens to the price of the put when these two variables increase?

 LO.1

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Financial Markets And Institutions

ISBN: 9781259919718

7th Edition

Authors: Anthony Saunders, Marcia Cornett

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