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Basic Question 13 of 14
Which of the following makes the early exercise of an American put option less likely?
B. Presence of dividends
C. Sharp decrease in underlying price and volatility
A. Higher risk-free rate
B. Presence of dividends
C. Sharp decrease in underlying price and volatility
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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
identify the factors that determine the value of an option and describe how each factor affects the value of an option
CFA® 2025 Level I Curriculum, Volume 5, Module 8.