Question
A put option on Dr. Pepper Snapple Group, Incorporated, has an exercise price of $45. The current stock price is $41. The put option is
A put option on Dr. Pepper Snapple Group, Incorporated, has an exercise price of $45. The current stock price is $41. The put option is __________.
A. At the money.
B. In the money.
C. Out of the money.
D. Knocked out.
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Health Care Finance Basic Tools For Nonfinancial Managers
Authors: Judith J. Baker, R.W. Baker, Neil R. Dworkin
5th Edition
1284118215, 978-1284118216
