At Expiration, the Time Value of an At-The-Money Put Option

question 80

Multiple Choice

At expiration, the time value of an at-the-money put option is always

• A) equal to zero.
• B) equal to the stock price minus the exercise price.
• C) negative.
• D) positive.

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Homo Erectus

An extinct species of human that lived approximately 2 million to 100,000 years ago, known for its upright walking ability.

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An extinct species of human discovered in South Africa, known for its combination of primitive and modern traits.