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Which of the following statements are correct concerning option values, all else held constant? I. The value of an in-the-money call increases as the price
Which of the following statements are correct concerning option values, all else held constant? I. The value of an in-the-money call increases as the price of the underlying stock increases. II. The value of a call decreases as the exercise price increases. III. The value of an in-the-money put increases as the price of the underlying stock increases. IV. The value of a put decreases as the exercise price increases.
I and III only
I and II only
II and III only
II and IV only
I, II, and IV only
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