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Questions 14, 15, 16 and 17 are general questions on options Q14. An American put option ce a share of stick is mors iklh to a. The underlying stock price is mach lower than the strike price of the opion b. The underlying stock priceis much higher than the strike price of the option. C. The underlying stock price is equal to the strike price of the option. d. The underlying stock hus high volatlity Q15. A the value of a fut option is higher when a. The risk-free rate is higher b. The underlying stock's volatility is higher. c. The underlying stock price is higher d None of the above. 6tme prerm t a masimum whem a. The option is deep in the money option is far from being in the money The price of the underlying stock equals the strike price of the option. b. d. None of the above. Q 17. a The underlying stock has low volatility An American call option on a share of stock is aeve exercised carly if The risk-free rate is zero. b. The underlying stock pays large dividends . The underlying stock does not pay dividends d