Consider two barrier options written on the same underlying stock, where both options have one year to expiry. Option C is down-and-out call option with a strike price of $23 and a barrier of $16. Option D is an down-and-out call option with a strike price of $23 and barrier of $18. The underlying stock has a current price of $20. Which of the following is true? Note: no calculations are necessary - use your intuition! Select one: O Option C and Option D will have the same price since their strikes and expiries are identical. O Option C will trade at a lower price than Option D. O Without doing the calculations, it is impossible to know which option will be more expensive. O Option C will trade at a higher price than Option D. Consider two barrier options written on the same underlying stock, where both options have one year to expiry. Option C is down-and-out call option with a strike price of $23 and a barrier of $16. Option D is an down-and-out call option with a strike price of $23 and barrier of $18. The underlying stock has a current price of $20. Which of the following is true? Note: no calculations are necessary - use your intuition! Select one: O Option C and Option D will have the same price since their strikes and expiries are identical. O Option C will trade at a lower price than Option D. O Without doing the calculations, it is impossible to know which option will be more expensive. O Option C will trade at a higher price than Option D