Multiple Choice
Which of the following is true about options?
A) Generally, higher volatility of the underlying increases the value of the option.
B) The value of an option is realized only through its being exercised.
C) An American option is exercisable at its maturity date.
D) An option premium is refundable if the option becomes unfavorable.
Correct Answer:
Verified
Correct Answer:
Verified
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