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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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