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All else the same, the value of a European Put option on a stock is higher when: I. The exercise price is higher. II. Time
All else the same, the value of a European Put option on a stock is higher when: I. The exercise price is higher. II. Time to maturity gets shorter. III. The stock decreases in value. IV. the stock unexpectedly cancelled all its dividends, and the strike price is not adjusted for this. II only II and IV only I and III only I, II and III only I, II, III and IV
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