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You own a one-year American call option on Apple (AAPL). AAPL does not pay dividends. Currently, your call option is in-themoney. However, you are confident

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You own a one-year American call option on Apple (AAPL). AAPL does not pay dividends. Currently, your call option is in-themoney. However, you are confident that the price of AAPL will fall dramatically in the next year. True or false: in this scenario. it is optimal to early exercise your American call option and lock-in your profits. True False

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