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Which of the following statement is NOT correct about option premium? It equals the summation of time value and intrinsic value. I f an European

Which of the following statement is NOT correct about option premium?

It equals the summation of time value and intrinsic value. I

f an European option expires unexercised, then the option premium is zero.

At expiration, if intrisic value is zero, then the option premium is also zero.

The option premium can be negative.

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