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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