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Which of the following statements is a true definition of an in-the-money option? a. A call option in which the stock price exceeds the exercise

Which of the following statements is a true definition of an in-the-money option? a. A call option in which the stock price exceeds the exercise price. b. A call option in which the call premium exceeds the stock price. c. A call option in which the exercise price exceeds the stock price. d. An index option in which the exercise price exceeds the stock price. e. A put option in which the stock price exceeds the exercise price.

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