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    Exam 21: Macroeconomic and Industry Analysis
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    At Expiration,the Time Value of an at the Money Put
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At Expiration,the Time Value of an at the Money Put

Question 3

Question 3

Multiple Choice

At expiration,the time value of an at the money put option is always


A) equal to zero.
B) equal to the stock price minus the exercise price.
C) negative.
D) positive.
E) none of the above.

Correct Answer:

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