Question: Consider an American call option on a stock. How does the option price change when: (i) The volatility increases. (ii) The maturity increases. (iii) The

Consider an American call option on a stock. How does the

Consider an American call option on a stock. How does the option price change when: (i) The volatility increases. (ii) The maturity increases. (iii) The strike increases. Which (if any) of the three answers above changes when considering a European option

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