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    Exam 9: Derivatives: Futures, Options, and Swaps
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    At Expiration, the Time Value of an Option
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At Expiration, the Time Value of an Option

Question 49

Question 49

Multiple Choice

At expiration, the time value of an option:


A) is equal to the intrinsic value.
B) is greater than the intrinsic value.
C) is zero.
D) is less than the intrinsic value.

Correct Answer:

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