Multiple Choice
Which of the following is NOT true?
A) A volatility surface provides more information than a single volatility smile
B) A volatility surface is used to determine the implied volatility of an option that does not trade actively
C) A volatility surface can be determined from a single volatility smile using interpolation
D) A volatility surface incorporates information about options with different maturity dates
Correct Answer:

Verified
Correct Answer:
Verified
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