A Stock Currently Sells for £75 Per Share

question 6

Multiple Choice

A stock currently sells for £75 per share. A call option on the stock with an exercise price £70 currently sells for £5.50. The call option is

• A) at-the-money.
• B) in-the-money.
• C) out-of-the-money.
• D) at breakeven.
• E) none of the above.

---

Definitions:

Older Siblings

Siblings who are older in comparison to their brothers or sisters, often taking on roles of leadership or mentorship within families.

Cognitive Neuroscience

Study of links between neural processes and cognitive abilities.

Assessment of Brain Stimulus

Evaluating the response or activity in the brain when it is exposed to a particular stimulus or set of stimuli.

Mental Stimulus Evaluation

The psychological process of assessing and interpreting stimuli from the environment in a manner that influences mental states and behaviors.