The Current Market Price of a Share of CSCO Stock

question 103

Multiple Choice

The current market price of a share of CSCO stock is $22.If a call option on this stock has a strike price of $20,the call

• A)is out of the money.
• B)is in the money.
• C)sells for a higher price than if the market price of CSCO stock is $21.
• D)A and C.
• E)B and C.