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Which of the following is true as time to maturity increases? Question 1 3 options: 1 ) The volatility smile for currency options tends to
Which of the following is true as time to maturity increases?
Question options:
The volatility smile for currency options tends to become more pronounced
The volatility smile for currency options tends to become less pronounced
The volatility smile for currency options first becomes less pronounced and then becomes more pronounced
The volatility smile for currency options remains approximately the same
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