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Consider a call option with an exercise price of $35 and an expiration date in December and a put option with an exercise price of

Consider a call option with an exercise price of $35 and an expiration date in December and a put option with an exercise price of $35 and an expiration date also in December, both on a stock that is currently selling for $37 per share. Calculate how much these options are in or out of the money.

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