As an Option Approaches Its Expiration Date, the Value of the Option

question 59

Multiple Choice

As an option approaches its expiration date, the value of the option approaches:

• A) the intrinsic value.
• B) the price of the underlying asset.
• C) zero.
• D) infinity.

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Definitions:

Major Organic Product

The primary product of an organic reaction, usually the one in higher yield or that is thermodynamically most stable.

Reasonable Mechanism

A reasonable mechanism in chemistry is a proposed sequence of steps that explains how a chemical reaction occurs, based on established principles and experimental evidence.

Major Organic Product

The major organic product refers to the primary product with the highest yield in a chemical reaction involving organic compounds.

Major Organic Product

The predominant product resulting from an organic reaction, determined by factors such as reaction conditions and mechanism.