Question: Please solve. Please show your work. Please explain your reasoning. The price of an American call option on a non-dividend-paying stock should be greater than
The price of an American call option on a non-dividend-paying stock should be greater than the price of a European call option on the same stock with the same strike price and same expiration date. Assume that the interest rate is positive. COMMENT in the response box below. Please be concise
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