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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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    At Expiration, the Value of an Option
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At Expiration, the Value of an Option

Question 44

Question 44

Multiple Choice

At expiration, the value of an option:


A) Is greater than the intrinsic value.
B) Is less than the intrinsic value.
C) Is equal to the time value of the option.
D) Is equal to the intrinsic value.

Correct Answer:

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