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    Money Banking and Financial Markets Study Set 2
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    Exam 9: Derivatives: Futures, Options, and Swaps
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    As an Option Approaches Its Expiration Date, the Value of the Option
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As an Option Approaches Its Expiration Date, the Value of the Option

Question 30

Question 30

Multiple Choice

As an option approaches its expiration date, the value of the option approaches:


A) The intrinsic value.
B) The price of the underlying asset.
C) Zero.
D) Infinity.

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