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When the market price of the underlying security equals the exercise price, A. a call option is in the money and a put option is
When the market price of the underlying security equals the exercise price,
A. | a call option is in the money and a put option is out of the money. | |
B. | a put option is in the money and a call option is out of the money. | |
C. | both call option and put options are at the money. | |
D. | both call option and put options are out of the money. | |
E. | None of the given answers are correct. |
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