Which of the Following Statements Is FALSE

question 48

Multiple Choice

Which of the following statements is FALSE?

• A)An in-the-money call occurs if the stock price exceeds the exercise price.
• B)An out-of -the money call occurs if the stock price is less than the exercise price.
• C)If a call is out of the money,the intrinsic value is zero.
• D)If a call is in the money,the intrinsic value is zero.

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