An Option Whose Exercise Price Is Equal to the Spot

question 23

Multiple Choice

An option whose exercise price is equal to the spot rate is said to be:

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

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Definitions:

Male Structure

Anatomical parts specific to the male of a species, often involved in reproductive processes.

Flower

A flower is the reproductive structure found in flowering plants, responsible for the production of seeds and fruit.

Fertilization

Fertilization is the process by which male and female reproductive cells (gametes) unite to form a new cell that will develop into a new organism.

Flowering Plants

Plants belonging to the group Angiosperms, characterized by bearing flowers and producing seeds enclosed within a carpel.