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:

Angry

An emotional state characterized by feelings of displeasure or antagonism toward something or someone.

Cognitive Restructuring

A therapeutic process aimed at identifying and altering negative and irrational thought patterns.

Resolves Conflict

Refers to the methods and processes involved in facilitating the peaceful ending of conflict and retribution.

Beneficial Aspects

Positive or advantageous elements or features of something.