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Which of the following statement is correct? Option holder buys option and have the right to exercise the option Higher underlying asset volatility leads to

Which of the following statement is correct?

Option holder buys option and have the right to exercise the option

Higher underlying asset volatility leads to higher call option price under the Black-Scholes formula is because there is longer time to exercise the option

According to the Black-Scholes option pricing theory, higher exercise price will lead to a higher call option price

Option payoff is the same as option profit

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