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TRUE or FALSE: If interest rates are positive, it is never optimal to early exercise an American put option on a non dividend paying stock.
TRUE or FALSE: If interest rates are positive, it is never optimal to early exercise an American put option on a non dividend paying stock. Explain why.
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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
7th Edition
1473778913, 978-1473778917
