A 35 Put Option on ABC Expires Today

question 57

Multiple Choice

A 35 put option on ABC expires today.The current price of ABC 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:

Specific

Clearly defined or identified; precise and unambiguous.

Challenging Goals

Objectives that are ambitious and require substantial effort and planning to achieve, often motivating individuals or teams to improve their performance.

Equity Theory

A theory of motivation that suggests individuals are motivated by their perception of fairness in the distribution of rewards and resources.

Inputs

Anything that people give up, offer, or trade to their organization in exchange for outcomes.