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1. At expiration, the value of option is equal to time value of option a) True b) False 2. In case of out-of-the-money option, the
1. At expiration, the value of option is equal to time value of option
a) True b) False
2. In case of out-of-the-money option, the intrinsic value is negative.
a) True b) False
3. An American call option must sell for no less than a European call option.
a) True b) False
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