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6. Which one of the following statements is correct? a The value of a call increases as the price of the underlying stock increases. c.

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6. Which one of the following statements is correct? a The value of a call increases as the price of the underlying stock increases. c. The value of a put increases as the price of the underlying stock increases. d. The value of a put decreases as the exercise price increases. e. The intrinsic value of a put must be zero on the expiration date

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