Question 3 1 pts Which of the following statements best describes the characteristics of American-style options? O It may make sense to exercise American call options early if there are large expected dividends during the life of the option O Exercising an American option is generally preferable to selling the American option. American options are sometimes worth less the European options. More than one of the other statements accurately describes features of American-style options. O None of the other statements accurately describes features of American-style options. Question 4 1 pts Which of the following statements best describes the drivers of option value? O None of the other statements accurately describes the drivers of option value. The value of call options decrease when the volatility of the underlying asset increases. The value of call options decrease when the price of the underlying asset goes down. O The value of call options increase when the exercise price increases. o More than one of the other statements accurately describes the drivers of option value