NO.PZ2023040401000082
问题如下:
The value of a European call option is inversely related to the:
选项:
A.
exercise price.
B.
time to expiration.
C.volatility of the underlying.
解释:
A is correct. The value of a European call option is inversely related to the exercise price. A lower exercise price means there are more potential outcomes at which the call expires in-the-money. The option value will be greater the lower the exercise price. For a higher exercise price, the opposite is true. Both the time to expiration and the volatility of the underlying are directly (positively) related to the value of a European call option.
c怎么理解………..在公式有对应字母吗