A Call Option Whose Exercise Price Exceeds the Spot Rate

question 68

Multiple Choice

A call option whose exercise price exceeds the spot rate is said to be

• A) in-the-money.
• B) at-the-money.
• C) out-of-the-money.
• D) over-the-spot.

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Definitions:

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Supreme Court's Decision

The final judgment or decree issued by the Supreme Court, which has the ultimate legal authority in the United States.

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