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Consider two six-month American puts at strikes 90 and 100. The risk-free rate is 2%. The difference between the two put prices at any time

Consider two six-month American puts at strikes 90 and 100. The risk-free rate is 2%. The difference between the two put prices at any time before maturity will always be

A.

Greater than $10.

B.

Less than $10.

C.

Equal to $10.

D.

One cannot be sure of which of the preceding three choices is valid and more information may be required.

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