Multiple Choice
In June 2020, an investor buys call options on Amgen stock with an exercise of price of $65 and expiring in January 2022. If the stock price in June 2021 is $60, then these options are
I.in-the-money;
II.out-of-the-money;
III.a LEAPS option
A) I only
B) II only
C) III only
D) II and III only
Correct Answer:

Verified
Correct Answer:
Verified
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