Question
For an American call option, one should early exercise when the current stock price is greater than the strike price because the exercise payoff is
For an American call option, one should early exercise when the current stock price is greater than the strike price because the exercise payoff is positive.
true or false
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Financial Management Theory and Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
15th edition
130563229X, 978-1305632301, 1305632303, 978-0357685877, 978-1305886902, 1305886909, 978-1305632295
