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    The Value of a Call Option Just Prior to Expiration
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The Value of a Call Option Just Prior to Expiration

Question 58

Question 58

Multiple Choice

The value of a call option just prior to expiration is (where V is the underlying asset's market price and X is the option's exercise price)


A) max [0, V - X].
B) max [0, X - V].
C) min [0, V - X].
D) min [0, X - V].
E) max [0, V > X].

Correct Answer:

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