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certain Call option has a strike price of $55.00. The stock price currently stands at $47.00. If the premium paid on the option is $6.00,

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certain Call option has a strike price of $55.00. The stock price currently stands at $47.00. If the premium paid on the option is $6.00, the option currently is: at-the-money, with an intrinsic value of $2.00 out-of-the-money with an intrinsic value of $8.00 in-the-money with an intrinsic value of $2.00 over-the-money with an intrinsic value of $13.00 none of the above is TRUE about this option QUESTION 30 Which of the following is TRUE? Forward contracts have no default risk. Futures contracts require an initial margin requirement be paid. Forward contracts are marked to market daily. Forward contract buyers and sellers do not know who the counterparty is. Futures contracts are only traded over the counter

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