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Which of the following statement is NOT true on option intrinsic value? a. Intrinsic value for a put option equals exercise price minus spot price.
Which of the following statement is NOT true on option intrinsic value?
a.
Intrinsic value for a put option equals exercise price minus spot price.
b.
Lowest value is zero, it is never negative.
c.
At maturity, option value equals intrinsic value.
d.
Intrinsic value is positive for at-the-money options.
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