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The current market price of a share of Boeing stock is $50. If a call option on this stock has a strike price of $55,
The current market price of a share of Boeing stock is $50. If a call option on this stock has a strike price of $55, the call
Group of answer choices
1.) is out of the money.
2.) is in the money.
3.) sells for a higher price than if the market price of Boeing stock is $40.
4.) 1 and 3.
5.) 2 and 3.
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