A Call Option on Brocklehurst Corp

question 62

Multiple Choice

A call option on Brocklehurst Corp. has an exercise price of $30. The current stock price of Brocklehurst Corp. is $32. The call option is ________.

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

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Definitions:

Low-Cost Choice

An option that requires minimal financial outlay compared to other alternatives.