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Suppose the current spot rate for the DM is $0.7427. A put option with an exercise price of $0.7550 is said to be in-the-money, out-of-the-money,

Suppose the current spot rate for the DM is $0.7427. A put option with an exercise price of $0.7550 is said to be in-the-money, out-of-the-money, or at-the-money?

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