When the Existing Spot Rate Exceeds the Exercise Price, a Call

question 111

Multiple Choice

When the existing spot rate exceeds the exercise price, a call option is ____, and a put option is ____.​

• A) ​out of the money; in the money
• B) ​out of the money; out of the money
• C) ​in the money; in the money
• D) ​in the money; out of the money

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Definitions:

Psychiatric Hospital

A health care facility specializing in the diagnosis, treatment, and care of patients with mental illnesses.

Anaesthesiologist

A medical specialist focused on the administration of anesthesia and the management of patients before, during, and after surgery.

Fit To Stand Trial

A legal determination that an individual has the mental capacity to understand court proceedings and participate in their defense.

Communicating With Counsel

The process of exchanging information and ideas with a legal advisor or counselor, often regarding legal rights, obligations, and strategies.