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Basic Question 9 of 11
Which of the following options is likely to be most expensive?
B. In-the-money European put option
C. Out-of-money European call option
A. At-the-money European call option
B. In-the-money European put option
C. Out-of-money European call option
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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
explain the exercise value, moneyness, and time value of an option
CFA® 2025 Level I Curriculum, Volume 5, Module 8.