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The current market price of a share of Dell stock is $107. If a put option on this stock has a strike price of $110
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The current market price of a share of Dell stock is $107. If a put option on this stock has a strike price of $110 and a premium of $8, the put
a. is out of the money.
b. is at the money.
c. sells for a lower price than if the market price of Dell stock is $112.
d. sells for a higher price than if the market price of Dell stock is $112.
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