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The current market price of a share of Boeing stock is $82.15. If a call option on this stock has a strike price of $60,
The current market price of a share of Boeing stock is $82.15. If a call option on this stock has a strike price of $60, the call a. is out of the money and sells for a higher price than if the market price of Boeing stock is $87.15. b. is in the money and sells for a higher price than if the market price of Boeing stock is $87.15. c. is out of the money and sells for a lower price than if the market price of Boeing stock is $87.15. d. is in the money and sells for a lower price than if the market price of Boeing stock is $87.15. e. none of the others
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