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When the exercise price of an option* is equal to the current price of the stock, the option is said to be: A. at-the-money. B.

When the exercise price of an option* is equal to the current price of the stock, the option is said to be:

A. at-the-money. B. in-the-money. C. out-of-the-money. D. trading at par. E. trading below par.

*Note: Don't answer for Call or Put option specifically.

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