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When AXP is trading at 44, a call option with a strike price of 40 is: A. in-the-money. B. at-the-money. C. out-of-money. D. cannot be

When AXP is trading at 44, a call option with a strike price of 40 is:

A. in-the-money.

B. at-the-money.

C. out-of-money.

D. cannot be determined.

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