Multiple Choice
Which of the following statements is TRUE?
A) An American option's premium almost never declines below its intrinsic value.
B) If a call is in the money,its intrinsic value equals zero.
C) The speculative premium reflects the option's immediate value.
D) If the exercise price of an put is less than the stock price,the put is "out of the money."
Correct Answer:

Verified
Correct Answer:
Verified
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