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Consider an American-style call option on Pearl Enterprises stock. If the market for Pearl Enterprises's call options has historically only traded options with one-month expirations

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Consider an American-style call option on Pearl Enterprises stock. If the market for Pearl Enterprises's call options has historically only traded options with one-month expirations but suddenly the only call options being traded have three-month expirations, what would you expect to happen to the equilibrium price (premium) and quantity associated with the American-style call option? The price of the American-style call option would increase. The price of the American-style call option would decrease. Consider an American-style put option on Pinchete Enterprises stock. If the market for Pinchete Enterprises's put options has historically only traded options with three-month expirations, but suddenly the only put options being traded have one-month expirations, what would you expect to happen to the price of the American-style put option? The price of the American-style put option would increase. The price of the American-style put option woutd decrease

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