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A put buyer will exercise an option at expiration under which of the following circumstances? Assume X equals exercise price, and S equals stock price.
A put buyer will exercise an option at expiration under which of the following circumstances? Assume X equals exercise price, and S equals stock price.
| A. | S < X | |
| B. | S > X | |
| C. | All of the options are incorrect. | |
| D. | S = X |
please help
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Business Forecasting
Authors: John E. Hanke, Dean Wichern
9th edition
132301202, 978-0132301206
