When the Exercise Price of an Option Is Equal to the Current

question 89

Multiple Choice

When the exercise price of an option is equal to the current price of the stock, 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:

Subculture

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The demographic group born approximately between 1946 and 1964, often targeted by marketers for their spending power and specific needs.

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