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Which one of the following statements about the payoff of a call option on a stock at expiration is incorrect? OA) The payoff of a

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Which one of the following statements about the payoff of a call option on a stock at expiration is incorrect? OA) The payoff of a short position equals zero or the exercise price minus the stock price, whichever is larger B) A short position has a zero payoff for stock prices equal to or less than the exercise price C) A short position will result in a loss if the stock price exceeds the exercise price D) The payoff of a long position equals zero or the stock price minus the exercise price, whichever is larger

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