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1 1 ) Which of the following statements is false a ) The intrinsic value of an option is the value it would have if

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1 1 ) Which of the following statements is false a ) The intrinsic value of an option is the value it would have if it expired immediately b ) A European option cannot be worth less than its American counterpart ( ) Put options increase in value as the stock price falls I ) A put option cannot be worth more than its strike price e ) None of the above

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