At Expiration, the Time Value of an Option

question 49

Multiple Choice

At expiration, the time value of an option:

• A) is equal to the intrinsic value.
• B) is greater than the intrinsic value.
• C) is zero.
• D) is less than the intrinsic value.

---

Definitions:

General Intelligence

A measure of an individual's overall cognitive abilities, including reasoning, problem-solving, and learning.

Extraversion

A personality trait characterized by outgoingness, high energy, and a tendency to seek stimulation and the company of others.

Cheerful Disposition

A consistent state of being happy, optimistic, and positive in one's outlook or mood.

Personalized Power Motive

The drive to influence or control situations in a way that is tailored to one's own interests or desires.