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At what time, American put should be exercised? A. When stock price is 0.78, as it is the first time that American value is greater

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At what time, American put should be exercised?

A.

When stock price is 0.78, as it is the first time that American value is greater than European value.

B.

Anytime that American value is greater than European value.

C.

When stock price is 0.61915, as it is the latest time American value is greater than European value.

D.

When exercising instant payoff St-K is greater than the present value of American future payoff if keeping it alive.

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