​A Call Option on Australian Dollars Has a Strike (Exercise)

question 46

Multiple Choice

​A call option on Australian dollars has a strike (exercise) price of $.56. The present exchange rate is $.59. This call option can be referred to as:

• A) ​in the money.
• B) ​out of the money.
• C) ​at the money.
• D) ​at a discount

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Definitions:

Non-financial Measures

Indicators used to assess aspects of a business not directly related to monetary value, like customer satisfaction and employee morale.

Financial Performance

The measure of a company's operating results in terms of profit, revenue, and expenses, used to gauge its overall health and economic position.

Strategy Maps

A visual representation that outlines the key objectives and their relationships within an organization's strategy, aiding in communication, planning, and execution.

Cause-and-effect Relationships

Connections between actions or events such that one or more are the result of the other or others.