$15$

Multiple Choice

$1\mathrm{.}5$ points

A longer time to maturity will unambiguously increase the value of a call option because:

The longer maturity time reduces the effect of a dividend on call price.

With a longer time to maturity the present value of the exercise price falls.

With a longer time to maturity the range of possible stock prices at expiration increases.

$3$

$4$

$5$

$6$

Clear my selection

$7$

$8$

$16$

Multiple Choice

$1\mathrm{.}5$ points