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A $20 put option on Wildwood stock expires today. The current price of the stock is $18.50. Which one of the following best describes this

  1. A $20 put option on Wildwood stock expires today. The current price of the stock is $18.50. Which one of the following best describes this option?

    A.

    Funded

    B.

    Out-of-the-money

    C.

    At-the-money

    D.

    In-the-money

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