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What determines the intrinsic value of an option what

1. What determines the intrinsic value of an option? What determines the time value of an option?

2. Currency volatility is a key determinant of currency option value, but it is not directly observable. In what ways can you estimate currency volatility?

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Finance Basics: What determines the intrinsic value of an option what

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Finance Basics: What determines the intrinsic value of an option what

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