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THIS IS A TWO PART QUESTION. YOU MUST GET BOTH PARTS CORRECT TO EARN CREDIT. Option Quotations for China Doll (CD) Corporation are listed as

THIS IS A TWO PART QUESTION. YOU MUST GET BOTH PARTS CORRECT TO EARN CREDIT. Option Quotations for China Doll (CD) Corporation are listed as follows: ............................................CALL.........PUT Closing.....Strike....EXP...Premium....Premium 10.39............8.400......Jul........2.490.........0.1000 10.39............8.400......Sep......2.740.........0.2500 10.39............8.900......Aug......2.390.........0.4500 10.39............9.150......Oct.......2.240........0.6000 10.39............9.400......Jun.......2.240.........0.8000 "Closing" represents the closing price per share of CD on a particular trading day. PART 1: Is the Sep Call in-the-money or out-of-the-money? (answer with the word IN or the word OUT) PART 2: Is the Jun Put in-the-money or out-of-the-money? (answer with the word IN or the word OUT)

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