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Currency _____ options are said to be ________ when the present _______________ exceeds the ____________. Select one: a. call, in-the-money, spot rate, strike price b.

Currency _____ options are said to be ________ when the present _______________ exceeds the ____________. Select one: a. call, in-the-money, spot rate, strike price b. call, out-of-the-money, spot rate, strike price c. put, in-the-money, spot rate, strike price d. put, out-of-the-money, strike price, spot rate e. None of these

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