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Question 1 1 pts Which of the following is NOT true? o (a) The time value of an option is never negative. (b) The intrinsic

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Question 1 1 pts Which of the following is NOT true? o (a) The time value of an option is never negative. (b) The intrinsic value of an option is never negative. O (c) The value of an option is never negative. O (d) For an American option, neither the intrinsic value nor the time value is negative

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