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What happens to the price of a down-and-out call option when the underlying asset price comes close to the barrier level? A. Its price goes

What happens to the price of a down-and-out call option when the underlying asset price comes close to the barrier level?

A.

Its price goes up.

B.

The option value stays the same.

C.

Its price goes down.

D.

We cannot tell whether the option price will increase or decrease.

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