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Basic Question 7 of 11
True or false? A call with a lower strike price should never sell for less than a call with a higher strike price, assuming that they both have the same maturity.
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt
Learning Outcome Statements
contrast the use of arbitrage and replication concepts in pricing forward commitments and contingent claims
CFA® 2025 Level I Curriculum, Volume 5, Module 8.