A Call Option on a Stock Is Said to Be

question 88

Multiple Choice

A call option on a stock is said to be in the money if

• A) the exercise price is higher than the stock price.
• B) the exercise price is less than the stock price.
• C) the exercise price is equal to the stock price.
• D) the price of the put is higher than the price of the call.
• E) the price of the call is higher than the price of the put.

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Definitions:

Entorhinal Cortex

A cortex located in the medial temporal lobe that functions as a hub in a widespread network for memory, navigation, and the perception of time.

Orbitofrontal Cortex

The part of the frontal lobe situated above the orbits or eye sockets, involved in decision making and processing of rewards and punishments.

Head Direction Cells

Neurons found in several brain regions that increase their firing rates when an animal's head points in a specific direction, helping to navigate its surroundings.