14. Which of the following is true for European call and put options? A. If they have the same strike price. they have the same implied volatility B. If they have the same time to maturity. they have the same implied volatility C. If they have the same strike price and time to maturity, they have the same implied volatility I1 None of the above 15. Which of the following is true about daily exchange rate moves? A. Four standard deviation daily moves in an exchange rate happen less frequently than they would do if changes were normally distributed B. Four standard deviation daily movements in an exchange rate happen more frequently than three standard deviation moves in the exchange rate C. The frequency of six standard deviation daily movements in an exchange rate is about once every 100 years I1 None of the above