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Call (put) option expires in-the-money, it will be exercised because the buyer will make money if the option expires at-the-money, It will not be exercised

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Call (put) option expires in-the-money, it will be exercised because the buyer will make money if the option expires at-the-money, It will not be exercised because no money will be made by doing so, and If option expires out-of-the-money, it will not be exercised because the buyer would lose money by doing so and is under no obligation to exercise the option. Select one: O True O False

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