At Expiration, the Time Value of an Option

question 79

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.

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Definitions:

Metastasize

The process by which cancer cells spread from the place where they first formed to another part of the body.

Cancer Deaths

Fatalities resulting from cancer, a disease characterized by the uncontrolled division of abnormal cells.

Blood

A vital fluid in humans and animals responsible for transporting oxygen and nutrients to cells and removing carbon dioxide and other wastes.

Leukemia

A type of cancer that affects the blood and bone marrow, characterized by the proliferation of abnormal white blood cells.