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Because of Arbitrage, an Option Should Not Sell for Less

question 23

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Because of arbitrage, an option should not sell for less than its intrinsic value.

Understand the analogy between business strategy and strategy in a game of poker as outlined by Carr.
Differentiate between various categories of marginally ethical negotiating tactics.
Comprehend the purpose behind using marginally ethical ambiguous negotiating tactics.
Identify the risks associated with frequent use of the self-serving process in negotiations.

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