An Option Is ______________ If Its Exercise Price Is Equal

question 24

Multiple Choice

An option is ______________ if its exercise price is equal to the current market price of the underlying asset.

• A)in-the-money
• B)out-of-the-money
• C)at-the money
• D)on-the-money

---

Definitions:

Assigns Right

The transfer of rights or interests in a property or contract from one party to another.

Rent Payments

Periodic payments made by a tenant to a landlord in exchange for the right to occupy or use the property of the landlord.

Delegation Of Duty

The assignment of responsibilities or tasks from one party to another, often seen in contractual or employment situations.

Delegator

A person or entity that assigns responsibility and authority to another, known as the delegatee, to carry out specific activities.