Which one of the following statements is true? Select one: a. If the market price of the stock exceeds the exercise price of a call option contract, the investor will exercise the contract. b. If the market price of a stock exceeds the exercise price on a put option contract, the investor will exercise the contract. c. A decline in prices will be recorded as a debit to a futures contract. d. If the exercise price on a call option contract exceeds the market price of the stock, the investor will exercise the contract. e. Financial derivatives can only be reported as liabilities on the balance sheet