Question
(TRUE or FALSE?) Increasing the time to expiration reduces the value of an option because the longer the holder has that right, the more time
(TRUE or FALSE?) Increasing the time to expiration reduces the value of an option because the longer the holder has that right, the more time there is for the option to decrease (or increase in the case of a put) in value.
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Health Care Finance Basic Tools For Nonfinancial Managers
Authors: Judith J. Baker, R.W. Baker, Neil R. Dworkin
5th Edition
1284118215, 978-1284118216
