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When volatility of the underlying stock increases (with all else remaining the same), which of the following is true? a: Calls increase in value while
When volatility of the underlying stock increases (with all else remaining the same), which of the following is true?
a: Calls increase in value while puts decrease in value
b: Both calls and puts increase in value
c: Both calls and puts decrease in value
d: Puts increase in value while calls decrease in value
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