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1. The payoff diagrams for long option positions always have a flat top or flat bottom a. True b. False c. Occasionally Ans: 2. What

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1. The payoff diagrams for long option positions always have a flat top or flat bottom a. True b. False c. Occasionally Ans: 2. What is not a determinant of an option price (or premium)? a. Time to maturity b. Intrinsic value C. Volatility d. Interest rates e. None of the above Ans

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