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You own a call option on ABC stock with an exercise price of $ 1 5 and an expiration date of June 2 0 ,

You own a call option on ABC stock with an exercise price of $

15

and an expiration date of June

20, 2017 .

Assume today is April

20, 2017,

and the current stock price is $

15 .

Which one of the following best describes this option?

Out

-

-

the money

Exercised

-

the

-

money

Expired

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