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Consider the following American options written on a stock that does not pay dividend. a: If the option is an American call, would you consider
Consider the following American options written on a stock that does not pay dividend.
a: If the option is an American call, would you consider exercise it early before maturity? If yes, describe when you will do so. If not, explain why.
b. If the option is an American put, would you consider exercise it early before maturity? If yes, describe when you will do so. If not, explain why.
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