If a Microsoft January 20 Call Option with a Strike

question 76

Multiple Choice

If a Microsoft January 20 call option with a strike price of $20 was selling for $2.00 and the market price of the underlying Microsoft stock was $25.62, the price of the call option would be _______________.

• A)in-the-money
• B)out-of-the-money
• C)fairly priced
• D)not enough information to tell

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Definitions:

Secondary Socialization

The process of learning appropriate behavior within smaller sections of the larger society, typically occurring during later childhood and adulthood, often through institutions like schools and workplaces.

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The process by which individuals affiliate themselves with a particular religion or religious group.

Thomas Theorem

The sociological theory proposing that if people define situations as real, their consequences are also real, highlighting the subjective nature of reality.