An analyst does research about the option markets and contracts. With respect to an option on a non-dividend paying stock, and all else being equal, which of the following statements is most accurate The longer-term European put will tend to be worth more than the short-term European put when:()
A. volatility is greater and interest rates are lower.
B. volatility is greater and interest rates are higher.
C. volatility is less and interest rates are higher.