A Stock Option Is Said to Be "Out of the Money

question 15

Multiple Choice

A stock option is said to be "out of the money" if the

• A) strike price equals the exercise price.
• B) stock price equals the strike price.
• C) strike price exceeds the stock price.
• D) stock price exceeds the strike price.

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Definitions:

Student Body Proportions

The ratio or percentages of various groups within a school or college’s enrollment, such as by gender or race.

Freshmen

First-year students at a high school, college, or university.

Sample

A subset of individuals or observations taken from a larger population, used for statistical analysis.

Seniors

Older adults, often used to refer to the elderly population or to students in their final year of high school or college.