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Basic Question 11 of 11
If you own a deep-in-the-money call option on non-dividend-paying stock, you will MOST LIKELY NOT to ______.
B. keep the option until later to see if the stock price will go up further
C. exercise the option
A. sell the option
B. keep the option until later to see if the stock price will go up further
C. exercise the option
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I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
explain the exercise value, moneyness, and time value of an option
CFA® 2025 Level I Curriculum, Volume 5, Module 8.