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NACVA Exam CVA Topic 6 Question 92 Discussion

Actual exam question for NACVA's CVA exam
Question #: 92
Topic #: 6
[All CVA Questions]

In creating employee stock options, the issuing company usually endeavors to set the option's strike price at the fair market value of the underlying shares. When the strike price is set at the fair market value, the intrinsic value is ________, and the only value of the option is its __________.

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Suggested Answer: A, B, C

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