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The value of a listed put option on a stock is higherwhen: The exercise price is higher. The contract approaches maturity. The stock decreases in

The value of a listed put option on a stock is higherwhen:

  1. The exercise price is higher.
  2. The contract approaches maturity.
  3. The stock decreases in value.
  4. A stock split occurs.

Multiple Choice

  • I, II, and III only

  • II, III, and IV only

  • I, II, III, and IV

  • I and III only

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