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Multiple choice Q: Black-Scholes model for pricing a call option and a put option below: What happens to the call option and put option values

Multiple choice Q:

Black-Scholes model for pricing a call option and a put option below:

What happens to the call option and put option values when the strike price and payout rate increase?

Answer from one of the following:

Call option value DECREASE; Put option value INCREASE

Call option value INCREASE; Put option value DECREASE

Call option value INCREASE; Put option value INCREASE

no net change

Call option value DECREASE; Put option value DECREASE

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