Question
A put option on Brocklehurst Corp. has an exercise price of $30. The current stock price of Brocklehurst Corp. is $32. The put option is
A put option on Brocklehurst Corp. has an exercise price of $30. The current stock price of Brocklehurst Corp. is $32. The put option is _________.
Multiple Choice
A) out of the money
B)in the money
C)at the money
D)Not enough information to determine.
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Personal Finance
Authors: Jeff Madura
7th Edition
0134989961, 978-0134989969
