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QUESTION 54 An in the money put: a. Has an intrinsic value < 0. b. Is where the stock price > strike price. c. Is

QUESTION 54

An "in the money put:"

a. Has an 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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