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56. The holder of a call option is said to be in the money if it: Select one: a. has increased in price since it

56. The holder of a call option is said to be in the money if it:

Select one:

a. has increased in price since it was first written

b. has been written on a Treasury bill or other money market instruments

c. if the price of the underlying asset is currently less than the strike price

d. if the price of the underlying asset is currently greater than the strike price

e. if the price of the underlying asset is currently greater than the strike price plus the option premium

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