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When the strike price X of an option is higher than the underlying stock price S (X>S), which one of the following statements about options
When the strike price X of an option is higher than the underlying stock price S (X>S), which one of the following statements about options is correct?
Question 3 options:
| Call option is at the money. |
| Put option is in the money. |
| Call option is in the money. |
| Put option is out of the money. |
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