Question
Critique the following statement made by an options investor: My call option is very deepin- the-money. I don't see how it can go any higher.
Critique the following statement made by an options investor: "My call option is very deepin-
the-money. I don't see how it can go any higher. I think I should exercise it."
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Foundations of Finance The Logic and Practice of Financial Management
Authors: Arthur J. Keown, John D. Martin, J. William Petty
8th edition
132994879, 978-0132994873
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