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QUESTION 53 An in the money call: a. Has intrinsic value > 0. b. Is where the stock price = strike price. c. Is where

QUESTION 53

An "in the money call:"

a. Has intrinsic value > 0.

b. Is where the stock price = strike price.

c. Is where the stock price < strike price.

d. Has a time value > 0.

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