Question: 1a. Other things being equal, a call option has higher value with _____________ exercise price and ______________ maturity. Group of answer choices lower; higher lower;
1a. Other things being equal, a call option has higher value with _____________ exercise price and ______________ maturity.
Group of answer choices
lower; higher
lower; lower
higher; lower
higher; higher
1b. Speculators prefer index futures contracts to stocks because index futures have ____________________ margins and ___________________ short sale constraints.
Group of answer choices
lower; lower
lower; higher
higher; higher
higher; lower
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