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A financial institution has written an option on a broad equity index that expires today and will be in the money. Which of the following

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A financial institution has written an option on a broad equity index that expires today and will be in the money. Which of the following is the most likely outcome at expiration? A. No of above. B. The option buyer will receive all securities in the index upon expiration. c. The financial institution will settle the amount owed to the option buyer in cash. D. The option will be allowed to expire worthless

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