Question
A call option on Spirit Airlines has an exercise price of $30. The current stock price of Spirit Airlines is $32. The call option is
A call option on Spirit Airlines has an exercise price of $30. The current stock price of Spirit Airlines is $32. The call option is ________.
Select one:
a. at the money
b. in the money
c. out of the money
d. without the money
e. knocked in
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Public Finance And Public Policy
Authors: Jonathan Gruber
2nd Edition
0716766310, 9780716766315
