A 35 Put Option on ABC Stock Expires Today

question 84

Multiple Choice

A 35 put option on ABC stock expires today. The current price of ABC stock is $36. The put is:

• A) Funded.
• B) Unfunded.
• C) At the money.
• D) In the money.
• E) Out of the money.

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Definitions:

RFP

An acronym for Request for Proposal, a document that solicits proposal, often made through a bidding process, by an agency or company interested in procurement of a commodity, service, or valuable asset.

Volkswagen

A German automotive manufacturer known for producing a range of vehicles, including the iconic Beetle, and facing emissions testing scandals.

RFP Stage

The phase in procurement where a Request for Proposal (RFP) is issued to invite bids from potential vendors for a project or service.

Invite Suppliers

The process of asking various suppliers to participate in a bidding process or to propose their goods for procurement.