Question
A call option on Bodie & Co. stock has an exercise price of $30. If the stock currently sells at $25, then the option is
A call option on Bodie & Co. stock has an exercise price of $30. If the stock currently sells at $25, then the option is _________.
|
| at the money |
|
| out of the money |
|
| in the money |
|
| knocked out |
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Intermediate Financial Theory
Authors: Jean-Pierre Danthine, John B. Donaldson
2nd Edition
0123693802, 978-0123693808
