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The time value of an option is the difference between ________. As an option ________ cannot have a value less than its intrinsic value, it
The time value of an option is the difference between ________. As an option ________ cannot have a value less than its intrinsic value, it cannot have a negative time value.
Options:
(a) the market price and its intrinsic value; european
(b) the market price and its intrinsic value; american
(c) the market price and its current value; european
(d) the market price and its current value; american
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