Question: What is the correct answer? Problem 14-24 Explain why it is never optimal to exercise an American call option on a non-dividend-paying stock early. (Select

What is the correct answer? Problem 14-24 Explain why it is never What is the correct answer?

Problem 14-24 Explain why it is never optimal to exercise an American call option on a non-dividend-paying stock early. (Select from the drop-down menus.) Because you can always buy , the American option for more money

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