An In-The-Money Put Option Is One That

question 60

Multiple Choice

An in-the-money put option is one that:

• A)has an exercise price greater than the underlying share price.
• B)has an exercise price less than the underlying share price.
• C)has an exercise price equal to the underlying share price.
• D)should not be exercised at expiration.
• E)should not be exercised at any time.

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