When the Exercise Price of a Call Option Is Higher

question 15

Multiple Choice

When the exercise price of a call option is higher than the current share price, the option is said to be

• A)at-the-money.
• B)in-the-money.
• C)out-of-the-money.
• D)None of the above.

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Definitions:

Unalienable Rights

Fundamental rights that cannot be surrendered or transferred from one person to another, often referenced in the context of the United States Declaration of Independence.

British Government

The central government of the United Kingdom, consisting of the Parliament, the Prime Minister, and the monarch, responsible for creating and implementing policy and law.

Articles of Confederation

The first written constitution of the United States, in effect from 1781 to 1789, before being replaced by the current U.S. Constitution due to its weaknesses.

New System

The introduction or implementation of a different method, structure, or arrangement in a particular context or organization.