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What does the shape of the volatility smile reveal about call options on a currency? A. Options close-to-the-money have the lowest implied volatility B. Options
What does the shape of the volatility smile reveal about call options on a currency? A. Options close-to-the-money have the lowest implied volatility B. Options deep-in-the-money have a relatively high implied volatility C. Options deep-out-of-the-money have a relatively high implied volatility D. All of the above
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