5. At expiration the call option a. Is in the money and should be exercised b. Is out of the money and should be left to expire c. Is at the money and should be exercised d. Has a payoff of negative $4 e. Both band d are correct 5. At expiration the call option a. Is in the money and should be exercised b. Is out of the money and should be left to expire c. Is at the money and should be exercised d. Has a payoff of negative $4 e. Both band d are correct