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Which of the Following Is Not True Regarding the Basis

Question 31

Multiple Choice

Which of the following is not true regarding the basis?


A) The basis systematically declines as expiration approaches.
B) The basis must equal zero at expiration.
C) The basis may not equal zero before expiration.
D) The basis may be positive or negative.
E) both b.and c.are not true regarding the basis.

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