Why is an American option with a longer time to expiration generally worth more than an otherwise identical option with a shorter time to expiration? (Select the best choice below.) 0 A. The American option with the longer time to expiration has all the same rights and privileges as the option with the shorter time to expiration, plus it must be O B. The stock of the American option with the longer time to expiration will increase more exercised on the expiration date. 0 C The American option with the longer time to expiration has all the same rights and privileges as the option with the shorter time to expiration, plus additional rights and privileges 0 D. The American option with the longer time to expiration has fewer rights and privileges than does the option with the shorter time to expiration. Why is an American option with a longer time to expiration generally worth more than an otherwise identical option with a shorter time to expiration? (Select the best choice below.) 0 A. The American option with the longer time to expiration has all the same rights and privileges as the option with the shorter time to expiration, plus it must be O B. The stock of the American option with the longer time to expiration will increase more exercised on the expiration date. 0 C The American option with the longer time to expiration has all the same rights and privileges as the option with the shorter time to expiration, plus additional rights and privileges 0 D. The American option with the longer time to expiration has fewer rights and privileges than does the option with the shorter time to expiration