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According to the text, which of the following three ethical positions is correct?
Firm's Assets
Resources owned by a company that have economic value and can be used to meet its financial obligations or invest in its operations.
Stock
A type of security that signifies ownership in a corporation and represents a claim on part of the company's assets and earnings.
In The Money
A term used to describe an option that has intrinsic value; for a call option, it means the underlying price is above the strike price.
Option Pricing Theory
A framework used in finance to determine the fair value of an option based on factors such as the stock price, strike price, volatility, time to expiration, and risk-free interest rate.
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