An Option with an Exercise Price Equal to the Underlying

question 4

Multiple Choice

An option with an exercise price equal to the underlying asset's price is

• A)worthless.
• B)in the money.
• C)at the money.
• D)out of the money.

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Definitions:

Chemical Identity

The unique combination of chemical properties and composition that precisely identifies a substance.

State of Matter

A distinct form that different phases of matter take on, traditionally classified as solid, liquid, gas, and plasma.

Chemical Change

A process that involves the reorganization of the atoms in one or more substances, resulting in the formation of new products with different properties.

Matter

Anything that occupies space and has mass.