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What does the shape of the volatility smile reveal about put options on equity? Group of answer choices Options close-to-the-money have the lowest implied volatility.
What does the shape of the volatility smile reveal about put options on equity?
Group of answer choices
Options close-to-the-money have the lowest implied volatility.
Options deep-in-the-money have a relatively high implied volatility.
Options deep-out-of-the-money have a relatively high implied volatility.
Options close-to-the-money have a relatively high implied volatility.
A and B
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