Why is the price of an option always greater than its intrinsic value?

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Global Corporate Finance Text And Cases

ISBN: 9781405119900

6th Edition

Authors: Suk H. Kim, Seung H. Kim

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Question Posted: May 22, 2024 03:01 AM

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Why is the price of an option always greater than its intrinsic value?

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Global Corporate Finance Text And Cases

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