Question 15 (1 point)

Which of the following statements is correct?

Question 15 options:

a)	A put option is out-of-the-money if spot price is more than strike price

b)	A call option is in-the-money if spot price is less than strike price

c)	A put option is in-the-money if spot price is more than strike price

d)	A call option is out-of-the-money if spot price is more than strike price

Question 16 (1 point)

Suppose the current spot rate for the euro is $1.3527. A put option with an exercise price of $1.3550 is said to be

Question 16 options:

a)	inthemoney

b)	atthemoney

c)	outofthemoney

d)	past breakeven