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Which of the following is NOT true about call and put options: Select one: An American option can be exercised at any time during its

Which of the following is NOT true about call and put options:

Select one:

An American option can be exercised at any time during its life.

Investors must pay an upfront price (the option premium) for an option contract.

For a given expiry date, the price of a call option increases as the strike price increases.

A European option can only be exercised only on the maturity date.

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