The value of an option to buy stock is higher, Financial Management

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The value of an option to buy stock is higher

The value of an option to buy stock is higher as:

a. the strike price increases and the price of the stock declines.

b. the strike price increases and the price of the stock rises.

c. the strike price decreases and the price of the stock declines.

d. the strike price decreases and the price of the stock rises.

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Financial Management: The value of an option to buy stock is higher

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Financial Management: The value of an option to buy stock is higher

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