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Learning Goal: I’m working on a management question and need a reference to help me learn.Explain why a change in the time to expiration (i.e., T ) can have either a positive or neg- ative impact on the value of a European-style put option. In this explanation, it will be useful to contrast the put’s reaction with that of a European-style call, for which an in- crease in T has an unambiguously positive effect.
Requirements: 1 page | .doc file
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