An Option Is a Wasting Asset Because as Its Expiration

question 45

Multiple Choice

An option is a wasting asset because as its expiration date approaches, its:

• A) intrinsic value approaches zero.
• B) time value approaches zero.
• C) intrinsic value approaches its time value.
• D) price approaches zero.

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Software Developer

A professional who designs, writes, tests, and maintains computer software or applications.

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