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A European call with strike $30 is currently at expiry and the underlying asset is worth $20. A holder of this call will: exercise this

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A European call with strike $30 is currently at expiry and the underlying asset is worth $20. A holder of this call will: exercise this option and buy the underlying asset for $25. exercise this option and buy the underlying asset for $20. exercise this option and sell the underlying asset for $20. not exercise this option because it's worthless. be told by the writer whether or not to exercise the option

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