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The Current Market Price of a Share of Boeing Stock

Question 20

Multiple Choice

The current market price of a share of Boeing stock is $75.If a put option on this stock has a strike price of $70, the put


A) is out of the money.
B) is in the money.
C) sells for a higher price than if the market price of Boeing stock is $70.
D) is out of the money and sells for a higher price than if the market price of Boeing stock is $70.

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