Consider the following statements concerning options. 1. An out of-the-money call option (Strike price

Consider the following statements concerning options. 1. An out of-the-money call option (Strike priceemarket price) is worthless 3 months before the expiry date. 2. An American-style option can be exercised at any time up to, and including, the expiry date. Which one of the following combinations (true/false) relating to the above statements is correct? A B C D Both statements are false Statementl is false, statement 2 is true Both statements are true Statement 1 is true, statement 2 is false