单选题 For two American options that differ only in time to expiration, strongest statement we can make is that :
  • A. the longer-term option must be worth more than the shorter-term option.
  • B. the longer-term option must be worth less than the shorter-term option.
  • C. the longer-term option must be worth at least as much as the shorter-term option.
【正确答案】 C
【答案解析】While longer term options generally are worth more, for far in- or out-of-the-money options, the values could be equal.