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Basic Question 10 of 11

The effect of dividends on a stock on early exercise of an American call is to ______.

A. make early exercise less likely
B. have no effect on early exercise
C. make early exercise more likely

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I used your notes and passed ... highly recommended!
Lauren

Lauren

Learning Outcome Statements

contrast the use of arbitrage and replication concepts in pricing forward commitments and contingent claims

CFA® 2025 Level I Curriculum, Volume 5, Module 8.