13. For an asset that does not make cash distributions over the life of an option, it...

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13. For an asset that does not make cash distributions over the life of an option, it does not pay to exercise a call option prior to the expiration date. Why?

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Foundations Of Global Financial Markets And Institutions

ISBN: 9780262039543

5th Edition

Authors: Frank J. Fabozzi, Frank J. Jones, Francesco A. Fabozzi, Steven V. Mann

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