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

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

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

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

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

d. The price of a call option increases as the strike price increases

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