A Put Option on ABC Stock with an Exercise Price

question 88

Multiple Choice

A put option on ABC stock with an exercise price of $35 expires today.The current price of ABC stock 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:

Creative Imagery

The use of imaginative and visual content to communicate ideas or promote products in marketing and advertising.

Automobile Quality

The standard of excellence or the state of being free from defects, deficiencies, and significant variations in vehicles, evaluated through the assessment of various attributes including durability, reliability, and performance.

Product-Specific

Refers to information or characteristics unique to a particular product, distinguishing it from others.

Rephrasing

The act of expressing an idea or concept in different words or a new manner, often to clarify meaning or enhance understanding.